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$949,900
Est. payment /mo
3 BD
3 BA
Active
431 AVENUE C Bayonne, NJ 07005
UPDATED:
09/20/2024 06:41 PM
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240015315
Style Row House,Multi-Level
Bedrooms 3
Full Baths 2
Half Baths 2
Annual Tax Amount $15,019
Tax Year 2023
Lot Dimensions 25 x 100
Property Description
CORNER BUILDING on 25 x 100. Great Opportunity to own a Multi Use Plus Residential Building. 1st Floor has 2 Commercial Tenants. Plus 3 separate garages. 2nd Floor has 2 residential Apartments. Apt 1 (1 Bed 1 Bath) Apt 2 (Large 2 Bed. 1 Bath) All Units + Garages are Tenant Occupied (month to month). Zoned C-1 Neighborhood Commercial District. Permitted Uses: Residential, Commercial, Professional, Retail, Business, Medical Office, Salon & Spa, Church, Clubs, Shops, Coffee, Food. Keep it or build a 3 Story Multi Residential. Must Have a Ground Floor Commercial Space or Get a Variance to Release the Ground Floor Commercial to Residential. Get a Variance to Build a 5 Story Residential (13 Units or more) along with purchase of Adjacent Vacant Lot at 433 Avenue C (MLS #240015180). Zoning is 60% Lot Coverage. Units can be 600 square feet & 2 Bedroom Maximum. The Parking Requirement is 1.25 per each 2 Bedroom Apartment. This is Close to Shop Rite, Shops, Restaurants, Light Rail, Bus in Front of Building. Amazing Development Opportunity.
Location
State NJ
County Hudson
Area Bayonne
Rooms
Basement Full, Walk-Out
Interior
Heating A/C Window, Baseboard, Electric, Gas, Hot Water
Cooling A/C Window, Baseboard, Electric, Gas, Hot Water
Exterior
Exterior Feature Brick, Stone, Stucco
Garage 3+ Cars, Attached, Garage
Listed by KELLER WILLIAMS CITY LIFE JC REALTY