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7 Newark Bay Ct 4 Unit Apartment Building $895,000 ($223,750/Unit) Bayonne, NJ 07002
INVESTMENT HIGHLIGHTS
- Four-family residence located in Bayonne.
- Units 2, 3 and 4 are currently generating rental income.
- All units are ready for its new owner/investor.
- Unit 1- 1Br 1Bath, Unit 2 & 4- 2Br 1Bath & Unit 3- 3Br 1Bath.
- Unit 1 is vacant.
- Attractive location, near the serene Newark Bay and 34th Street Light Rail Station which connects to the PATH to NYC.
EXECUTIVE SUMMARY
Welcome to this four-family residence located in Bayonne. Unit 1 features one bedroom, a bathroom, a living room, and a kitchen. Unit 2 features two bedrooms, one bathroom, a living room, and a kitchen/dining room. Unit 3 features three bedrooms, one bathroom, and a kitchen/dining room. Lastly, Unit 4 features two bedrooms, one bathroom, a living room, and a kitchen/dining room. Units 2, 3 and 4 are currently generating rental income, while Unit 1 is vacant. All units are ready for its new owner/investor. Attractive location, near the serene Newark Bay and 34th Street Light Rail Station which connects to the PATH to NYC.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Price | $895,000 | Building Class | C |
| Price Per Unit | $223,750 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 3,082 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1925/2025 |
| Property Subtype | Apartment | ||
| Zoning | R-2 | ||
| Price | $895,000 |
| Price Per Unit | $223,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,082 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1925/2025 |
| Zoning | R-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | $3,495 | - |
| 3+1 | 1 | $1,745 | - |
1 1
Walk Score®
Very Walkable (73)
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Presented by
Serhant New Jersey LLC
7 Newark Bay Ct
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