Overview

Location, location, location makes this rare 4-family, 2015 renovated building with a 6.9% cap rate a great opportunity to invest or live in Bayonne. With 2, 839 sq.ft of living space, the 2nd and 3rd floor units each offer 3 bedrooms and one bath. The first floor has 2 one-bedroom apartments with good rental income. Newly PSE&G installed (2 years ago) hot water and furnace units keep the building running efficiently. Tenants pay their own utilities. Quick access to the Bayonne light rail, public transportation and the highway adds to the value of this well-maintained opportunity. Tons of local shopping, Retro Fitness and schools including Nicolas Oresko PK-8, Bayonne High School 9-12 and the Beacon Christian Academy K-12, just adds to the value of this unique investment opportunity.