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In-PersonVirtual Tour
$1,050,000
Est. payment /mo
6 Beds
4 Baths
Open House
Sat Jan 31, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260001430
Bedrooms 6
Full Baths 4
Annual Tax Amount $14,520
Tax Year 2023
Lot Dimensions 40x100
Property Sub-Type 4 Family
Property Description
This is the kind of multi family opportunity that stands out in Bayonne, where four family buildings are limited by zoning and ownership opportunities like this are exceptionally hard to come by. Set on an oversized 40 x 100 lot, this impeccably cared for property offers scale, flexibility, and long term upside in one of the city's most convenient and rapidly evolving locations. The building features four thoughtfully designed units, all of which have been recently updated, along with a large private driveway, providing both strong income potential and everyday convenience. The layouts, unit sizes, and overall condition are aligned with what today's tenants value most, ensuring broad and consistent rental appeal. Two of the units are spacious two bedroom apartments, each showcasing oversized, open concept kitchens that flow seamlessly into generous living and dining areas. The bedrooms are impressively sized with excellent closet space, and the bathrooms have been tastefully updated, making these units both functional and highly desirable. The lower level front one bedroom apartment has been fully renovated and is ready for a new occupant. It features quartz countertops, an exceptionally large kitchen ideal for entertaining, and modern finishes throughout. Its close proximity to the 8th Street Light Rail makes it especially attractive for commuters. The top floor front apartment offers the same expansive open concept design, featuring a very large kitchen, combined living and dining area, and an oversized bedroom. Originally configured as a two bedroom, this unit can easily be converted back, offering added flexibility and future value. A full unfinished basement provides laundry hookups for three sets and houses separate utilities throughout, including four furnaces and four hot water heaters, creating an efficient and streamlined setup for long term ownership. The rear of the property includes a large storage shed, ideal for additional storage or adaptable workspace use. Bayonne's continued momentum adds another layer of appeal, with major projects underway such as the new ferry terminal, the 1888 Studios film production complex, and other citywide developments, making this an exciting opportunity to invest in a market with strong growth potential. The property is also conveniently located near 16th Street waterfront park, the Bayonne municipal pool, local shops, restaurants, and public transportation, allowing for an easy commute into NYC. As an added bonus, this property may be purchased as part of a package with the neighboring 124 West 14th St., presenting a unique opportunity to own eight units side by side. An impeccably maintained, fully updated four family with tenant friendly layouts on an oversized lot in a rapidly developing city, 128 West 14th St. delivers on every level.
Location
State NJ
County Hudson
Area Bayonne
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Gas
Cooling Baseboard, Gas
Exterior
Exterior Feature Aluminum/Vinyl
Parking Features 3+ Cars
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Listed by WEICHERT REALTORS
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