431 Avenue C Bayonne, NJ 07005

Multi-Family (2-4 Units) MLS #: 240015315 Courtesy Of Keller Williams City Life JC Realty

$949,900

3 beds | 2 baths | 2 half baths
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Estimated monthly payments: $4,152/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Amenities: Dock, Ceiling Fan
  • Architecture Style: Other
  • Exterior Type: Brick, Stone, Stucco
  • Heating System: Baseboard, Hot Water
  • Rooms: Basement

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Demographic Data

Boonton, NJ 07005

Median Age: 41.5
Married: 57%
Number of Households: 6,599
Households with Children: 31.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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