Bayonne Real Estate & Homes for Sale in Hudson County, New Jersey


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Homes for Sale in Bayonne

Bayonne Real Estate & Homes for Sale in New Jersey

The city of Bayonne is located on a peninsula in the heart of the New Jersey/New York metropolitan area, just seven minutes west of Manhattan. The Bayonne Bridge, one of the longest steel arch bridges in the world, spans the Kill Van Kull to link Bayonne with the Port Richmond area of Staten Island. This architectural wonder is an important part of the regional system of arterial highways and an award winner for its spectacular 150-foot mid-span arch which allows ocean-going vessels to enter Port Newark and the Elizabeth-Port Authority Marine Terminal. The 20.5-mile Hudson-Bergen Light Rail System is the first modern light rail transportation to be built in 50 years and connects Bayonne with Jersey City, Hoboken and numerous nearby cities.

Despite its close proximity to New York City, Bayonne retains the essential elements of small-town living such as an active park system with more than 15 different parks and numerous recreation areas. The Bayonne School District is one of the top 25 technically advanced districts in the state. More than 8,000 students in kindergarten through grade 12 are served. More than 62,000 residents also enjoy a wide variety of affordable housing. In fact, Bayonne homes are among the best urban housing options in the state.

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Price Range of Bayonne Houses

Real estate options in Bayonne are varied. One- and two-story homes, small apartment buildings and small businesses predominate. Residential homebuyers have many different opportunities to find that special dream house in a safe, quiet urban environment. Choices range from condominium units, starter homes or large residential investment properties. Homes on tree-lined streets in historical neighborhoods are priced from $150,000 to more than $500,000. Six new development districts with their own land usage and building styles will be available at the Peninsula at Bayonne Harbor. The Boatworks at Bayonne will include two-bedroom townhouses featuring modern amenities, a recreational facilities and the redevelopment of a 62-slip marina. Other affordable condominiums and townhouses at Waterside, Kennedy House, Rosemoor Court, Van Kull and Parkview are priced to sell from $70,000 to more than $225,000.

Bayonne Real Estate Stats and Trends for the week of July 16th, 2019: homes priced around $366,200 compared to $366,200 the previous week, to remain steady with no change in listing price.  For Tuesday, July 16th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.