Additional details
$ 799,000
Est. payment | /mo
3 Beds
5 Baths
$ 799,000
Est. payment | /mo
3 Beds
5 Baths
OPEN HOUSE
Sat May 03, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250007221
Bedrooms 3
Full Baths 3
Half Baths 2
Annual Tax Amount $10,743
Tax Year 2023
Lot Dimensions 25X80
Property Sub-Type 4 Family
Property Description
Excellent visibility, strong cash flow, and long-term growth potential—this is a must-see for serious investors. 527-531 Kennedy Blvd presents a rare opportunity to acquire a fully renovated, income-generating, mixed-use asset in one of Bayonne's most dynamic and high-traffic areas of Kennedy Blvd. It features three residential units, a commercial storefront, northern corner-like sun exposure, and a projected 7.7% cap rate. Separate utilities on the second-floor units, a full walk-out basement for easy access from Kennedy Blvd steel sidewalk foldable plates, and a private yard. It's a low-maintenance investment ideally poised in Bayonne's rapidly appreciating urban city, mixed-use market.
Location
State NJ
County Hudson
Area Bayonne
Rooms
Basement Finished, Unfinished, Walk-Out
Interior
Heating A/C Window, A/C Wall, Baseboard, Hot Water
Cooling A/C Window, A/C Wall, Baseboard, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl, Block, Wood
Parking Features Other-See Remarks
Listed by WEICHERT REALTORS
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