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Executive Summary

Property Description:
- Fully cash flowing, value-add, residential/commercial
- 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
- Short term leases and no rent control allow for mostly immediate Owner-User opportunity
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 $92,940 $23.23
Other Income - -
Vacancy Loss - -
Effective Gross Income $92,940 $23.23
Taxes $15,270 $3.82
Operating Expenses $16,504 $4.13
Total Expenses $31,773 $7.94
Net Operating Income $61,166 $15.29

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $92,940
Annual Per SF $23.23
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $92,940
Annual Per SF $23.23
Taxes (CAD)
Annual $15,270
Annual Per SF $3.82
Operating Expenses (CAD)
Annual $16,504
Annual Per SF $4.13
Total Expenses (CAD)
Annual $31,773
Annual Per SF $7.94
Net Operating Income (CAD)
Annual $61,166
Annual Per SF $15.29

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,845 SF
Building Class
C
Year Built
1900
Price
$1,019,078 CAD
Price Per SF
$358.20 CAD
Cap Rate
6%
NOI
$61,166 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

Club Pilates
Met Foodmarkets
Flagstar Bank
BCB Bank
Valley National Bank
Sarku Japan
Orangetheory Fitness
ShopRite
Provident Bank
Planet Fitness-Bayonne NJ

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-00240-0000-00023
  • 01-00240-0000-00022
Land Assessment
$570,683 CAD
Improvements Assessment
$360,074 CAD
Total Assessment
$930,757 CAD
Annual Taxes
$15,270 CAD ($5.37 CAD/SF)
Tax Year
2025
  • Listing ID: 40390904

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 363 Broadway, Bayonne, NJ 07002

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