6 family.3 Blocks Bayonne Medical Center,5 blocks 22nd St Light Rail Station. Gross yearly income: $83,760. Gross expenses approx $24,361:Taxes: $11,361,Insurance:$4,400, Water & Sewer:$1,850, Heat, hot water & common hall electric:$4,950,Super $1,200 & cleaning $600. Net income $59,399. Trash picked up by City. Cap rate approx 5.5%. 5 Market rent units (3 x $1300, 1 x $1250), 1 rent control at $530 per month also is Superintendent).Each unit has 1 bedroom, Liv rm, Kitchen & Bath,front and rear exit. Month to month tenancies.No laundry,1 unit with a cat- no other pets. Full unfinished basement,Super has light basement storage. 6 separate Gas & Electric meters. 2 units vacant, updates include: 1 Gas Boiler for steam radiator heat replaced Feb 2019, & hot water replaced Feb 2022,tank removed 2013, Vinyl Siding July 2021, Replaced exterior rear stairs October 2015, Roof 2012, updated electric panels 2023.State inspected August 2018.Officer of corporation holds NJ Real Estate license.
Sold
$930,000
349 Avenue E, Bayonne, NJ 07002
--beds
--baths
--sqft
Mixed Use
Built in ----
-- sqft lot
$978,500 Zestimate®
$--/sqft
$2,884 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 12, 2025 at 01:53pm
Listed by:
Jan Kwapniewski 201-424-7755,
Coccia Realty Better Homes & Gardens
Bought with:
Outside Agent
Outside Office
Outside Office
Source: NJMLS,MLS#: 23004898

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Estimated market value
$978,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$978,500