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363 Broadway 2,845 SF 100% Leased Retail Building Bayonne, NJ 07002 $1,051,208 CAD ($369.49 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 |
$95,870
|
$23.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$95,870
|
$23.97
|
| Taxes |
$15,751
|
$3.94
|
| Operating Expenses |
$17,024
|
$4.26
|
| Total Expenses |
$32,775
|
$8.19
|
| Net Operating Income |
$63,095
|
$15.77
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $95,870 |
| Annual Per SF | $23.97 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $95,870 |
| Annual Per SF | $23.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,751 |
| Annual Per SF | $3.94 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $17,024 |
| Annual Per SF | $4.26 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $32,775 |
| Annual Per SF | $8.19 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $63,095 |
| Annual Per SF | $15.77 |
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
$1,051,208 CAD
Price Per SF
$369.49 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 | $960,103 CAD (2026) | |
| Land Assessment | $588,676 CAD (2026) | Annual Taxes | $15,751 CAD ($5.54 CAD/SF) |
| Improvements Assessment | $371,427 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$588,676 CAD (2026)
Improvements Assessment
$371,427 CAD (2026)
Total Assessment
$960,103 CAD (2026)
Annual Taxes
$15,751 CAD ($5.54 CAD/SF)
Tax Year
2025
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Serhant New Jersey LLC
363 Broadway
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