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363 Broadway 2,845 SF 100% Leased Retail Building Bayonne, NJ 07002 $1,049,797 CAD ($369.00 CAD/SF)
Executive Summary
Property Description:
- Value add, mixed-use, owner-user opportunity
- Newly vacant commercial storefront boasts a large main entry in addition to three (3) separate rooms, a kitchenette, and full bathroom
- One 4B/1Ba apartment, presents upside renting 70% of market
- No rent control and the storefront vacancy allows for mostly immediate Owner-User usage
Location Highlights:
- Situated in the heart of Bayonne's attractive Broadway, the city also has new additions like the welcomed Manhattan ferry and Paramount Studios
- Access to Hudson-Bergen Light Rail stations, NJ Transit bus lines, and NJ Route 440
- Value add, mixed-use, owner-user opportunity
- Newly vacant commercial storefront boasts a large main entry in addition to three (3) separate rooms, a kitchenette, and full bathroom
- One 4B/1Ba apartment, presents upside renting 70% of market
- No rent control and the storefront vacancy allows for mostly immediate Owner-User usage
Location Highlights:
- Situated in the heart of Bayonne's attractive Broadway, the city also has new additions like the welcomed Manhattan ferry and Paramount Studios
- Access to Hudson-Bergen Light Rail stations, NJ Transit bus lines, and NJ Route 440
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$96,433
|
$24.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,433
|
$24.11
|
| Taxes |
$15,844
|
$3.96
|
| Operating Expenses |
$17,124
|
$4.28
|
| Total Expenses |
$32,968
|
$8.24
|
| Net Operating Income |
$63,465
|
$15.87
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $96,433 |
| Annual Per SF | $24.11 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $96,433 |
| Annual Per SF | $24.11 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,844 |
| Annual Per SF | $3.96 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $17,124 |
| Annual Per SF | $4.28 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $32,968 |
| Annual Per SF | $8.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $63,465 |
| Annual Per SF | $15.87 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,845 SF
Building Class
C
Year Built
1900
Price
$1,049,797 CAD
Price Per SF
$369.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.31
Lot Size
0.05 AC
Zoning
ORS
Frontage
22’ on Broadway
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $955,157 CAD | |
| Land Assessment | $585,644 CAD | Annual Taxes | $15,844 CAD ($5.57 CAD/SF) |
| Improvements Assessment | $369,513 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$585,644 CAD
Improvements Assessment
$369,513 CAD
Total Assessment
$955,157 CAD
Annual Taxes
$15,844 CAD ($5.57 CAD/SF)
Tax Year
2025
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Presented by
Serhant New Jersey LLC
363 Broadway
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