349 Avenue E, Bayonne, NJ

Name: 349 Avenue E, For Sale in Bayonne - Zoocasa
Brand: NJR GROUP LLC
SKU: 260021075
Price: 1275000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,275,000

000

MLS® 260021075

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes

Days Active 3

Lot Size

Approx. Age

MLS® Number 260021075

Property Address: 349 Avenue E, Bayonne, NJ, 07002-4632

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained 6-family property in Bayonne presents an excellent investment opportunity with strong income and future upside. The building consists of six spacious 1-bedroom units, all kept in very clean condition, making it a truly hassle-free asset for both seasoned and first-time investors. Major upgrades have already been completed, including a newer roof, updated plumbing and electrical systems, and a high-efficiency boiler—minimizing maintenance concerns and maximizing operational ease. This turnkey property offers stable performance with a current net operating income of $99, 825, and a cap rate of 7.8%. Conveniently located just a 10-minute walk from the 34th Street Light Rail Station, tenants enjoy easy access to transportation, adding to the property’s desirability and long-term rental appeal. With solid returns, low upkeep, and room for future growth, this is a rare opportunity to own a care free, income-producing building in a strong and accessible location.

MLS® Number260021075

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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