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718 Broadway 5 Unit Apartment Building $2,590,000 ($518,000/Unit) Bayonne, NJ 07002
EXECUTIVE SUMMARY
PRIME LOCATION!! LOCATION!! LOCATION!! BUILDERS/ INVESTORS OPPORTUNITY OR SIMPLY TO OWN ONE TO LIVE/ COLLECT GOOD INCOMES!! 6 FAMILY PLUS 4 COMMERCIAL SPACES FOR SALE! FULLY RENTED AND TENANTS OCCUPIED. MIDTOWN OF BAYONNE CITY, NEW JERSEY. 3 BUILDINGS (3 LOTS COMBINED 82.5' X 100') FOR SALE (CORNER PROPERTY)! 718 BROADWAY, 720 BROADWAY, AND 724 BROADWAY FOR SALE AS A PACKAGE (LOT: 49, 48 & 47.01... BLOCK: 146)! ZONING: Central Business District (CBD). COMMERCIAL 4-A! PRIME AREA OF BAYONNE! HIGH TRAFFIC AREA, SURROUNDING W' STORE, SCHOOL, SPORT CLUB, RESTAURANT, PHARMACY, BAKERY, BIG BANK, SUPERMARKET, TRANSPORTATION & MANY MORE. MINUTES TO 34TH ST/ HOBOKEN LIGHT RAIL STATION TO NEW YORK. TAX COMBINED: $30768. SOLD "AS IS". 718 BROADWAY BUILDING (LOT 49 = 3 STORY/ LOT 48: BACK PROPERTY PARKING SPACES); 720 BROADWAY BUILDING (1 STORY); 724 BROADWAY BUILDING (LOT 47 = 2 STORY). LIMITED SHOWING. DO NOT GO DIRECT! BY APPOINTMENT ONLY! CONTACT AGENT FOR ARRANGEMENT. OPPORTUNITY!! A MUST SEE!! (PROOF OF FUND REQUIRED FOR ALL SHOWINGS AS PER OWNER).
PROPERTY FACTS Under Contract
| Price | $2,590,000 | Building Class | C |
| Price Per Unit | $518,000 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 3,489 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Parking Ratio | 0.88/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | CBD - ZONING: Central Business District (CBD) | ||
| Price | $2,590,000 |
| Price Per Unit | $518,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,489 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | CBD - ZONING: Central Business District (CBD) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 01-00146-0000-00049 | Improvements Assessment | $447,000 |
| Land Assessment | $228,800 | Total Assessment | $675,800 |
PROPERTY TAXES
Parcel Number
01-00146-0000-00049
Land Assessment
$228,800
Improvements Assessment
$447,000
Total Assessment
$675,800
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718 Broadway
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