431-437 Kennedy Blvd 56 Unit Apartment Building $15,757,070 CAD ($281,376 CAD/Unit) Bayonne, NJ 07002

Kennedy Bay Residences is a highly desirable, four-story, 56-unit multifamily asset situated on a 0.26-acre lot in Bayonne. The property showcases a classic, wellmaintained brick exterior and offers a diverse selection of residences, including studio, one, two, and three-bedroom units, all thoughtfully modernized to meet contemporary renter expectations. Each unit provides a comfortable and functional living environment, reflecting quality upkeep and modern appeal throughout the building. As a fully stabilized investment, the property delivers strong and consistent rental income, positioning it as a compelling long-term core-plus opportunity within one of Hudson County’s fastest-appreciating submarkets.
The location offers exceptional connectivity and lifestyle appeal, positioned directly along the vital Kennedy Boulevard corridor. Residents enjoy strong walkability, with the vibrant Broadway Shopping District, home to a wide range of retail and dining options, just a short distance away. For regional travel, the property is a quick 4-minute drive to the 22nd Street Station, providing an efficient commute to New York City in approximately 30 minutes via HBLR and PATH connections. This transitoriented setting, paired with proximity to major employment centers such as Bayonne Medical Center, the City of Bayonne, Amazon, and Royal Wine Corp., supports sustained renter demand. Additionally, access to nearby amenities, including the scenic Bayonne Golf Club, further enhances the property’s long-term viability as a premier residential asset.
For additional information visit: https://kennedybay.hudsonatlantic.com