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952 Broadway 5 Unit Apartment Building $2,215,000 ($443,000/Unit) 5.02% Cap Rate Bayonne, NJ 07002
Executive Summary
- Constructed in 2024, the turnkey property offers fully stabilized, market rents
- Four (4) 1B/1.5Ba Apartments
- One (1) Studio + Private Backyard
- Can be purchased as a portfolio sale with 950 Broadway
- Four (4) 1B/1.5Ba Apartments
- One (1) Studio + Private Backyard
- Can be purchased as a portfolio sale with 950 Broadway
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,215,000 | Apartment Style | Low-Rise |
| Price Per Unit | $443,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.02% | Building Size | 3,750 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1912/2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | UBD | ||
| Price | $2,215,000 |
| Price Per Unit | $443,000 |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 3,750 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1912/2024 |
| Opportunity Zone |
Yes |
| Zoning | UBD |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01-00082-0000-00044 | Total Assessment | $1,030,000 |
| Land Assessment | $255,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $775,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
01-00082-0000-00044
Land Assessment
$255,000
Improvements Assessment
$775,000
Total Assessment
$1,030,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Serhant New Jersey LLC
952 Broadway
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