Listing photos by R.J. Weinberger
With prices climbing in Hoboken and Jersey City, commuters are looking for more affordable yet convenient options across the Hudson. Bayonne is situated between Staten Island and Jersey City and is easily accessible via the Light Rail. Though the city has seen a lot of luxury development along the waterfront, it also has a healthy stock of single-family homes that offer a cool combo of urban and somewhat suburban living. Take this three-bedroom townhouse; it was built in 1891 and today retains much of its historic architecture, along with gorgeous modern upgrades, a sunroom and a mudroom, a detached garage, and a large yard. The best part? It’s asking just $650,000–which will barely get you a one-bedroom apartment on the other side of the river.
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Bayonne, located on the southern peninsula of New Jersey’s Gold Coast, is ripe for a construction boom. That being said, it has been awaiting this boom for over 18 years – since the light rail system was installed. As Newport and Jersey City’s markets are on fire, Bayonne hopes that development momentum is headed their way. But with its Hudson River location, city views, access to Manhattan via light rail and the PATH (it is about 30 minutes to take the light rail to the PATH to the World Trade Center), Bayonne has taken its future into its own hands and massively revised its master plan for the first time since 2000.
Bayonne considers its proximity to New York City and lower prices its greatest assets. The average home sales are around $400,000 versus $800,000 in Jersey City. The new master plan aims to transform Bayonne into a walkable, bikeable, mixed-use community with densely settled areas (which they call “transit villages”) around the light rail stations. The town’s 22nd Street Light Rail stop connects residents to the rest of the Gold Coast and PATH trains running to Manhattan. Bayonne City Planner Suzanne Mack is quoted as saying, “Our assets are our charm and home life…We’ve moved from being an industrial giant, an oil tank farm basically, into more of a bedroom community with a lot of community resources.”
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