$879,000
UNDER CONTRACT

Estimated payment $6,258/month

Total Views 2,093
-- Bed
-- Bath
1,977 Sq Ft
$445 Price per Sq Ft

Highlights

  • Property is near public transit
  • Patio
  • Baseboard Heating
  • Air Conditioning

About This Home

*** PLEASE Submit all offer by Friday 7/4. *** Excellent Investment Property!!! With a potential market rent exceeding $8,000 per month, this exceptional 4-family property at 79 West 18th Street, Bayonne, NJ, features two separate buildings on one lot, each with two units, presenting a prime opportunity for investors, live-in owners, or homeowners seeking extra units. The front building houses two spacious 3-bedroom units, both occupied by reliable, long-term tenants who pay rent on time and maintain the property well, while the rear building offers a 2-bedroom unit on the 1st floor and a 3-bedroom unit on the 2nd, both vacant, newly painted, and ready to command market rents. Located on a residential block near transit and amenities, with off-street parking and strong rental demand, this property benefits from no rent control for 4-family buildings in Bayonne and separate electrical and gas meters for each unit, which helps minimize owner expenses. This turnkey property offers flexibility, allowing you to live on-site or rent it for additional income, making it an ideal choice for those seeking strong cash flow in a desirable location. Contact us to schedule a viewing and explore this exceptional investment opportunity! PLEASE Submit all offer by Friday 7/4

Listing Agent

Abeba Taye

WEICHERT CO REALTORS Listed on: 06/25/2025

WEICHERT CO REALTORS

Co-Listing Agent

Jasmine Tsui

WEICHERT CO REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,669

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 25.00

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Storage

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Radiant Heating System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 5 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,669

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 25.00
  • Co List Office Mls Id: WCHT01
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water), Unit 4 Owner Pays(Water)
  • Has Basement: Partially Finished, Storage Space
  • Basement YN: No
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath), Unit 2(2 Bedrooms,Efficiency,1 Bath), Unit 3(2 Bedrooms,1 Bath), Unit 4(3 Bedrooms,1 Bath)
  • Living Area: 1977
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Flat

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s),A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2500

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)

Tax Info

  • Tax Annual Amount: 16669
  • Tax Year: 2024

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,996 $596,200 $155,000 $441,200
2023 $15,996 $596,200 $155,000 $441,200
2022 $11,748 $446,200 $155,000 $291,200
2021 $11,655 $446,200 $155,000 $291,200
2020 $11,449 $446,200 $155,000 $291,200
2019 $11,840 $137,200 $55,000 $82,200
2018 $11,604 $137,200 $55,000 $82,200
2017 $11,304 $137,200 $55,000 $82,200
2016 $10,887 $137,200 $55,000 $82,200
2015 $10,529 $137,200 $55,000 $82,200
2014 $10,215 $137,200 $55,000 $82,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $879,000 +106.8% --
01/25/2017 01/25/17 Sold $425,000 +11.8% $219 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $380,000 -- $196 / Sq Ft
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $425,000 Vested Land Services Llc
Deed $23,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $135,000 Fannie Mae Freddie Mac
Previous Owner $36,000 Purchase Money Mortgage
Source: Public Records

Source: All Jersey MLS

MLS Number: 2515816R

All Jersey MLS

APN: 01-00224-0000-00011