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Executive Summary

Incredible Opportunity for Owner-Occupant or Investor – Income-Producing Multi-Family Property with newly issued State of NJ Inspection Certificate. Don’t miss this rare chance to own a fully income-generating multi-family property in the heart of Bayonne’s vibrant Town Center! Featuring two detached buildings situated on a 4,375 sq. ft. lot, this property is ideal for both investors and owner-occupants. Front Building has 6 spacious 1-bedroom units Each unit has separate heating, gas, and electric meters. Full unfinished basement with multiple storage bins, Rear Building currently configured as a single-family home features 3 bedrooms, 1 full bath, and 6 rooms total. Full basement with separate heating, hot water, gas, and electric. The property is registered as an eight unit dwelling. Prime Midtown Bayonne location – steps to shopping, dining, and entertainment, Close to 22nd Street Light Rail, bus lines, and major highways. This is a turn-key opportunity with significant upside potential in a rapidly growing area. Whether you're looking to live in one unit and rent the rest, or add to your investment portfolio, this property delivers!

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Taxes $19,713 $4.64
Operating Expenses - -
Total Expenses $19,713 $4.64

Financial Summary (Actual - 2024)

Taxes (CAD)
Annual $19,713
Annual Per SF $4.64
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $19,713
Annual Per SF $4.64

Property Facts

Price $1,403,830 CAD
Price Per Unit $200,547 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 4,251 SF
Average Occupancy 30%
No. Stories 3
Year Built 1990
Zoning R-2 - Commercial

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
01-00179-0000-00008
Land Assessment
$433,789 CAD (2025)
Improvements Assessment
$280,470 CAD (2025)
Total Assessment
$714,259 CAD (2025)
Annual Taxes
$19,713 CAD ($4.64 CAD/SF)
Tax Year
2024
  • Listing ID: 35732125

  • Date on Market: 2025-05-03

  • Last Updated:

  • Address: 35 E 26th St, Bayonne, NJ 07002

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