431 AVENUE C Active

Bayonne,NJ 07005

$ 949900

3 Beds

3 Baths

- SqFt


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

Parking Features 3+ Cars,Attached,Garage

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