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In-PersonVirtual Tour
$ 799,999
Est. payment | /mo
3.5 Baths
$ 799,999
Est. payment | /mo
3.5 Baths
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
Listed by WEICHERT REALTORS
"Elevating Real Estate Dreams with Heart and Expertise."
111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States