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Listed by Jorge Velasquez RE/MAX Professionals 1
$ 999,999
Est. payment /mo
Under Contract
233 Bayview AVE Jersey City, NJ 07305
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26012599
Style 2 Family
Bedrooms 9
Full Baths 4
Property Sub-Type 2 Family
Property Description
Attention builders and investors a rare chance to acquire a shovel-ready development site in Jersey City's Greenville neighborhood. This 25x100 R-1 zoned parcel offers exceptional flexibility for the right buyer. As-of-right construction allows for a 3-story, 2-family home plus a detached Accessory Dwelling Unit in the rear 3 income-producing units with straightforward permitting. For maximum density, Jersey City's Affordable Housing Overlay will possibly allow the developer to build up to 4 units in the principal structure plus the rear ADU, totaling 5 units, in exchange for a one-time $72,000 trust fund contribution. No on-site affordable units required.25x100 lot 2,500 sq ft R-1 zoning Up to 5 total units with AHO election3 stories / 35 ft max height No off-street parking required No variance needed for base development Currently occupied sold for land value Opportunity like this in JC doesn't sit. Call today.
Location
State NJ
County Hudson
Interior
Laundry See Remarks
Nearby Locations
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Your debt-to-income ratio is 36%
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