675 Kennedy Blvd | Bayonne, NJ 07002
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- LoopNet Team
675 Kennedy Blvd
Bayonne, NJ 07002
675 JFK BLVD · Multifamily Property For Sale · 6 Units
Investment Highlights
- 4/6 Free Market Units
- 5.47% Current Cap Rate// 8.35% Pro forma Cap Rate
- 6 Oversized units with box layouts
- 41 % Upside in rents
- Average rent is $1,329 – the market is $1,875 ($540+ difference on turnover
- Separate boilers & hot water heaters
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,650 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 2000 |
| Building Class | C |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,650 SF |
| No. Stories | 3 |
| Year Built | 2000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 3 | - | - |
| 5+2 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 01-00176-0000-00017 | Improvements Assessment | $276,500 |
| Land Assessment | $265,000 | Total Assessment | $541,500 |
PROPERTY TAXES
Parcel Number
01-00176-0000-00017
Land Assessment
$265,000
Improvements Assessment
$276,500
Total Assessment
$541,500
zoning
| Zoning Code | N/Av, Bayonne City |
| N/Av, Bayonne City |
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