








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bayonne at 27 E 16th St, Bayonne, NJ, 07002 priced at $1,075,000 converts $2,377/mo rent into after a $5,262/mo obligation. Total monthly income equals $2,377/mo. Return on cash invested prints 2.16% in year one, and rental yield reads 2.65% against a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation compiles into $297,003 by year five. Five-year ROI reaches 8.83% and total cumulative return in cash sums $30,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,377/mo property income covering a $5,262/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
Date | Event | Price |
|---|---|---|
| 2025-06-29 | Listed for sale | $1,075,000 |
| 2025-06-20 | Listing removed | $1,075,000 |
| 2025-06-09 | Listed for sale | $1,075,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $4641.36 | 4.21% | $166,000 | N/A |
| 2023-07-01 | $4453.78 | 3.34% | $166,000 | 0.61% |
| 2022-07-01 | $4309.80 | N/A | $165,000 | N/A |



Listed by: AARON VISCO • KELLER WILLIAMS CITY LIFE JC REALTY
Mls Name: HCMLS
Mls ID: #250009381
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.