Listing Notes
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 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 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.
Comps
Sign in to pull active competition and recent closes for this address, with a one-click XLSX export.
Mortgage Calculator
Excludes property tax, property insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $228,596
- Loan amount
- $581,175
- Loan to value
- 75%
- Principal & interestLoan scenario$3,886
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more