$949,900
For Sale

431 AVENUE C

Bayonne, NJ 07005
3 beds | 4 baths | #240015315
Browse 50 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Interior Details
      • Bedrooms3
      • Bathrooms4
  • Property Details
      • Lot Description25 x 100
    • Parking
      • Parking Spaces3
  • Construction Details
      • BasementFull, Walk-Out
      • Property TypeMulti-Family
  • Community and Neighborhood Details
      • SubdivisionNJ
    • Location
      • CountyHudson
  • Other
      • MLS #240015315

Location

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00