Bayonne, NJ 07002 · Investment · For Sale · MLS 260018425
502 Broadway
$2,190,000
Investment
Use
6
Units
14
Days Listed
About this property
Brand-new construction (2025) mixed-use asset on prime Broadway, a rare stabilized cash flow opportunity in a high-visibility corridor. This 6-unit building delivers five residential apartments plus one ground-floor commercial space, offering investors diversified income streams and multiple exit strategies under one roof. New construction means minimal near-term capex, strong appeal to quality tenants, and a clean story for financing or resale. The residential mix includes three one-bedroom units (101, 201, 301), each with a full bath, and two spacious two-bedroom units (202, 302), each offering two full baths and a private terrace supporting premium rents on both floor plans. Unit finishes are built to attract and retain tenants: stainless steel appliances, granite counters, soft-close cabinetry, and tile backsplash in the kitchens; wide-plank hardwood flooring, recessed lighting, and central heat and air throughout; and in-unit washer/dryer in every home, amenities that command top-of-market rent and reduce turnover. One unit is ADA accessible via a dedicated rear entrance, widening the qualified tenant pool. The full basement adds monetizable utility beyond the unit count: a large dedicated storage room for the commercial tenant plus five separate storage rooms, one per residential unit, an easy ancillary income add for an owner who wants to itemize it. The building is full
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationBayonne, NJ 07002
MLS #260018425
Space
Units6
Building systems
SprinklersWet
Handicap accessYes
Investment
Annual taxes$19,071
Est. gross income$194,400
Est. operating expense$41,623
Mixed useYes
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 502 Broadway?
The asking price is $2,190,000.
What is 502 Broadway 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 502 Broadway?
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.
