6-Unit Multifamily

483 Ave A Bayonne, NJ 07002

Property Type:
MultiFamily Apartments
Last Verified:
May 14, 2019


  • 100% occupied
  • 7.8% CAP rate
  • Seller Financing
  • Upside Potential


Bayonne 6-unit with attached 3-car garage. Corner lot with plenty of upside potential. All 6 residential units are occupied with annual tenants and pay below market rents. Seller financing available at 6% interest with 25% downpayment. This is a 7.8% CAP rate at full asking price with sweet terms!!!

Corner Lot

Building Size: 3120.0sq ft
Lot Size: 0.07 acres

Map of 483 Ave A, Bayonne, NJ, 07002

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.