Market Snapshot
- Median listing price
- $565K
- Median rent
- $2,265/mo
- Days on market
- 346 days
- Gross rental yield
- 4.81%
- STR vs LTR
- $2,606/mo STR · $2,265/mo LTR
The median listing price in Bayonne, NJ ZIP 07002 is $564,999.5 as of June 2026.
The median market rent in Bayonne, NJ ZIP 07002 is $2,265/month as of June 2026.
The median days on market in Bayonne, NJ ZIP 07002 is 346 days as of June 2026. The market is currently neutral.
At a median list price of $564,999.5 and a median rent of $2,265/month, the gross rental yield in Bayonne, NJ ZIP 07002 is 4.81% as of June 2026.
In Bayonne, NJ ZIP 07002, median Airbnb revenue is $2,606/month compared to median long-term rent of $2,265/month as of June 2026.
Bayonne, NJ 07002 Real Estate Market Report
ZIP Code: 07002
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
- The primary market value indicator is the median sold price 594,000, which represents the most reliable signal of recent transaction activity and should drive pricing decisions for comparable SFR and condo listings in Bayonne.
- Despite a lower median listing price of 565,000 relative to the median sold price, this gap appears to reflect pricing friction between seller expectations and closed transactions; sellers and agents should expect negotiation around valuations framed by the median sold price.
- Extended time-to-sale is evident with a median days on market of 346, which suggests slower sales velocity and increased buyer leverage during negotiations rather than rapid turnover.
- Broader market signals are cautionary: price year-over-year trend is down and market temperature is neutral, while rent year-over-year trend is down and interest rate pressure is moderate; together these point to a market that is cooling with slightly more buyer negotiation power.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 1.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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