Andrew Diaz(551) 235-3473
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Bayonne, NJ 07002 · Investment · For Sale · MLS 260021075

349 Avenue E

$1,375,000
Investment
Use
6
Units
0
Days Listed

About this property

This well-maintained 6-familyproperty 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. 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.

Property specifications

The details

Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationBayonne, NJ 07002
MLS #260021075

Space

Units6

Investment

Annual taxes$12,775
Est. gross income$133,800
Est. operating expense$33,975

Zoning & permitted use

Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Bayonne zoning office. Andrew Diaz can pull the full broker file and work that question through with you.

Location

Questions about this property

What is the asking price for 349 Avenue E?

The asking price is $1,375,000.

What is 349 Avenue E zoned for?

Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Bayonne zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.

How do I tour 349 Avenue E?

Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.

Listing courtesy of Njr Group Llc.

Listings displayed via the Hudson County MLS Internet Data Exchange (IDX) program. Information deemed reliable but not guaranteed and should be independently verified. Data last updated 2026-10-19.