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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bayonne at 62 Trask Ave, Bayonne, NJ, 07002 at $715,000 posts ROI 8.05% with from $2,743/mo rent. Total monthly income equals $2,743/mo. Return on cash invested measures 8.05% and rental yield reads 4.6% at the current $715,000. Equity gained on principal adds $4,614/yr, and 5% annual appreciation supports $197,541 by year five. Five-year ROI prints 40.48% and total cumulative return in cash totals $95,229. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,743/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
3,000 sqft 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 |
|---|---|---|
| 2025-01-30 | Price change | $715,000 |
| 2024-11-26 | Listed for sale | $730,000 |
| 2021-07-28 | Sold | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $12467.36 | 4.21% | $445,900 | N/A |
| 2023-02-18 | $11963.50 | 2.72% | $445,900 | N/A |
| 2022-02-18 | $11646.91 | N/A | $445,900 | N/A |
Listed by: Douglas Ramos • ALLIANCE REALTY
Mls Name: HCMLS
Mls ID: #240022913
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.
