Primary listing photo

39 W 40th St, Bayonne, NJ, 07002

5beds
1baths
--sqft
$499,000
--price/sqft
$3,532/moest. monthly cost
$141,280/yrincome needed

About This Home

Rare value-add opportunity with significant upside. This property is currently configured as a single-family home but has been legally confirmed for conversion into a two-family, creating immediate equity and long-term cash flow potential. Ideal for investors, developers, or end-users looking to house hack. With the ability to add a second unit, this property offers multiple exit strategies—buy and hold, resale, or rental income optimization. Located in a strong rental market with solid demand, the projected two-unit setup supports attractive income potential. Property is being offered as-is, providing the perfect canvas to execute your vision. Opportunities like this—where zoning and use are already validated—are hard to come by.

Getting Around

91
WalkingWalker's Paradise
64
TransitGood Transit
50
BikeBikeable

Schools

3/10
Bayonne High SchoolGrades 9-120.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Radiators
  • Cooling features: Wall Unit(s)

Property

Details

  • Parcel number: 0100101000000005

Lot

  • Lot size: 2,500 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: None