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1031 Broadway, Bayonne, NJ, 07002

--beds
0baths
--sqft
$549,000
--price/sqft
$4,276/moest. monthly cost
$171,040/yrincome needed

About This Home

Mixed-use opportunity on Main Ave! This property is approved for four residential units plus one commercial space on the ground floor, offering exceptional potential for both investors and owner-operators. Fully approved, allowing the new owner to build according to the finalized plans without delay. Prime location, strong visibility, and versatile use options make this a standout addition to any portfolio. Don’t miss the chance to secure a property with high income potential in a sought-after area.

Getting Around

86
WalkingVery Walkable
69
TransitGood Transit
52
BikeBikeable

Schools

3/10
Bayonne High SchoolGrades 9-121.3 mi

Construction

Materials

  • Construction materials: See Remarks

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other

Interior

Basement

  • Basement: None

Heating

  • Heating features: See Remarks

Property

Details

  • Parcel number: 0100053000000024

Parking

  • Parking features: See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,776$33,312
Home Insurance *$185$2,220
Property Taxes $1,122$13,464
Electricity $193$2,318
Total$4,276$51,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,605/yr
40% on housing$128,280/yr
45% on housing$114,026/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07002$364
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07002$403
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-02Listed for sale$635,000
2026-01-23Listing removed$675,000
2025-12-15Price change$675,000
2025-11-24Listed for sale$699,000
2022-02-01Sold$390,000
2021-11-19Price change$389,900
2021-09-29Price change$449,900
2021-09-03Price change$389,900
2021-08-17Listed for sale$449,900
2019-11-01Sold$340,000
2019-03-18Listing removed$360,000
2019-02-26Price change$360,000
2019-01-02Price change$300,000
2018-10-29Price change$360,000
2018-10-17Price change$340,000
2018-09-17Listed for sale$350,000
2017-01-20Sold$185,000

For Sale by Agent

AgentDIEGO PAULINO
BrokerageLIFESTYLE INTERNATIONAL REALTY LLC

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