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$799,999
Est. payment /mo
3.5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250007219
Full Baths 3
Half Baths 1
Annual Tax Amount $10,743
Lot Dimensions 25X80
Property Sub-Type Investment
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
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Listed by WEICHERT REALTORS
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G.K. Cheung
Broker of Record | License ID: 1120283
Broker of Record License ID: 1120283