Legal 3-family investment opportunity just blocks from the 8th Street Light Rail, offering strong upside in one of Bayonne?s fastest-evolving pockets. This fully vacant property features a total of 7 bedrooms and 3 full bathrooms across three units, making it ideal for investors, owner-occupants, or those looking to maximize rental… Read More income. Each unit offers spacious layouts with great natural light, hardwood flooring, and functional living space. Select updates include refreshed interiors and an updated kitchen with modern cabinetry, countertops, and tile backsplash. Separate entrances and a classic multi-family layout provide flexibility for leasing and long-term hold strategies. The property also includes a private backyard, adding value for tenants and enhancing overall appeal. Positioned near the 8th Street Light Rail for easy access to Jersey City and NYC, the location is further strengthened by the nearby development of 1888 Studios, a major film production campus expected to bring significant job growth, infrastructure investment, and increased housing demand to the area. While the property requires some TLC, it is priced accordingly and presents a compelling value-add opportunity with strong long-term potential.Buyer responsible for all inspections and municipal requirements, including C/O. Property sold strictly as-is. Read Less
Courtesy of EXP REALTY, LLC.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
7
Lot Size
0.06 Acres
Year Built
1920
MLS Number
4024616
30 Days Snapshot Of 07002
$483k
+21%
(avg) sold price
2
-33%
homes sold
119
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1920
Cooling
None, WindowAC
Expenses
Expenses: See Remarks
Exterior Features
Aluminum Siding
Garage
None
Water Features
Gas, Public Water
Heating
Gas-Natural, 3 Units, Baseboard - Hotwater
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
None
Property
3 units, FHA Age Restricted: No
Roof
Flat, Rubberized
Sewer
Public Available
Taxes
Annual Tax Amount: $10,580, Tax Rate: 2.796
Unit One
1 bathroom, 1 bedroom, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, See Remarks
Unit Three
1 bathroom, 3 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
All Underground, Cable TV Available
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