Rent to own Homes in Bayonne, NJ
Cape Liberty Cruise Port. Located in New York's lower harbor, the Cape Liberty Cruise Port was established back in the 30's and was first founded to assist in the war effort. Now, the port marks the return of passenger travel. So, if you want to take a vacation on a cruise ship, you're in a good spot in Bayonne. Hope aboard the Explorer of the Seas there.
Bayonne, NJ is a great place for affordable rent-to-own homes! With a median household income of over $69,511 and a median rent of $1,325, the Bayonne, NJ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Bayonne, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Bayonne, NJ
- Atlantic Beach
- Belford
- Bellerose Terrace
- Bogota
- Brownville
- Cedarhurst
- Cliffwood
- Cliffwood Beach
- Colts Neck
- Deal
- East Brunswick
- East Rockaway
- Eatontown
- Elizabeth
- Fords
- Fort Monmouth
- Great Neck Estates
- Harrison
- Hazlet
- Hewlett Harbor
- Highlands
- Hopelawn
- Keansburg
- Kearny
- Keyport
- Lake Success
- Lawrence
- Leonardo
- Little Silver
- Long Branch
- Malverne
- Marlboro
- Menlo Park Terrace
- Middletown
- Monmouth Beach
- North Caldwell
- Oakhurst
- Oceanport
- Parlin
- Perth Amboy
- Port Monmouth
- Red Bank
- Rumson
- Sayreville
- Shrewsbury
- South Floral Park
- South Valley Stream
- Thomaston
- West Long Branch
- William Paterson University Of New Jersey
Neighborhoods in Bayonne, NJ
No neighborhoods foundPopular Zip Codes in Bayonne, NJ
07002 rent to own homesBuying a Home in Bayonne, NJ
Bayonne, NJ is seeing rapid growth and Bayonne, NJ's' housing market remains not optimal with an average home price that is 59% above the 2024 national average. Bayonne, NJ is part of Hudson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hudson is 1.67% which is above the national average, which is 0.99%.
Median Home Price in Bayonne, NJ
Median Rent in Bayonne, NJ
Top 14 Reasons to Live in Bayonne
Close proximity to the Staten Island Zoo. Residents love being close the zoo in Staten Island, a place where zoological buffs and anyone interested in wildlife can view and visit mammals, reptiles, amphibians and tropical fish in the animals' replicated habitats. You can also visit the Liberty Science Center nearby!
Football. Enjoy a game of football at Bayonne County Park, then head over to Mama Rosa's or Buon Apetito for a meal before heading home.
Real Estate Rental Prices are Very Affordable. Median gross rent in Bayonne is about $1,025 per month. Consider renting near Newark Bay or Liberty National Golf Course.
Ideal Place for Rental Properties. Of the 26,825 properties in Bayonne, just under 10,230 houses are owner-occupied and 15,317 are rentals, making Bayonne a good place to find rent to own real estate. Like living near water? Look by Upper Bay or the Morris Canal.
Get a Huge Home. Most homes in Bayonne contain, on average, six primary rooms while apartment homes feature four rooms overall. Smaller family homes, on average, contain about 2,000 square feet. Like shopping? Live near FourHundredForty or Hudson Mall.
Transportation abounds. Want to get into New York City easily? Consider the New Jersey Trains #120 bus or even transportation from the Newark Liberty International Airport.
Museum and Art! The Bayonne Museum building, an example of the beaux-arts classic style of architecture, was built by one of the earliest banking organizations in the city - the Bayonne Trust Company (circa 1912). Today, the museum hosts fine art exhibits and other community events for visitors and residents.
More Museums! Bayonne's Historical Fire Museum features fire memorabilia, including the oldest fire hose carriage in New Jersey. Today, the City of Bayonne Fire Department takes care of emergencies in town.
Beautiful Parks! Besides playing bocce, residents and visitors to the park can take one of a number walking paths or play basketball and baseball. A spray park and fishing pier are also featured at the facility. Like tennis? Play at Bayonne City Park or Veterans Park.
Great Place to Ride a Bike. In addition to the bike park located in Dennis P. Collins Park, cyclists can bike on a variety of biking trails located in Bayonne and the surrounding area. Need to get your bike worked on? Try RG's Bicycle Shop.
Great eating! McLoone's Bayonne Bar and Grill is The Place to Go for American cuisine, especially seafood or steak. If you want to try Mexican food in the area, El Aguila Dorada is the restaurant to try in town. Not only do you get great food in Bayonne, you're also making a great investment with an annual appreciation rate of 3.40%.
Great nightlife! If you want to have fun at night in Bayonne, you're in luck. Try Eddy's Bar for a brew or Sevenfortyseven for a cocktail.
Awesome apartment complexes! Looking for a nice apartment? Bayonne has them for you; you can expect to pay about $1,682 on average per month for a three bedroom. Check out complexes like Alexan City view or Boatworks.