R-1 Development
233 Bayview Ave Jersey City, NJ 07305
233 Bayview Ave, Jersey City, NJ, 07305
$999,999
Pending
For Sale
$999,999
Pending
MULTI_FAMILY - Jersey City, NJ
Lot Size0.06 Acres
Days on Market97
Property Features for 233 Bayview Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 8, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 9, Bedroom 6
- Standard status
- Pending
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11490
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1912
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
RE/MAX PROFESSIONALS I
(973) 450-4000
264 WASHINGTON AVENUE, Belleville, NJ
Listed by
CHRISTOPHER STEAD
(973) 418-0425
Added: Apr 13 Checked: Jul 18 at 2:06 am
MLS# 4020323
Listing URL
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Investment Insights
Based on property information with market context.
This offering is a 25x100 residential parcel zoned R-1, presented as a development site. As described in the remarks, it provides an as-of-right path for a three-story, two-family home along with a detached Accessory Dwelling Unit (ADU) in the rear, resulting in three income-producing units. The principal structure is described as accommodating up to three stories and a 35-foot maximum height. The parcel size is listed as 0.06 acres, and the listing notes no on-site off-street parking is required and no variance is needed for the base development.
The property is located at 233 Bayview Ave in Jersey City, within the Greenville neighborhood. The listing further notes that an Affordable Housing Overlay election may permit increased density, potentially allowing up to four units within the principal structure plus the rear ADU for up to five total units, in exchange for a one-time $72,000 trust fund contribution, with no off-site affordable units required. The property is currently occupied, and the listing states it has been sold for land value.
For developers and investors looking for a Jersey City R-1 site with a defined as-of-right development framework, the combination of a two-family plus rear detached ADU plan and the possibility of an Affordable Housing Overlay density increase may support a straightforward permitting and planning approach, subject to applicable requirements and the election process described in the listing.
The property is located at 233 Bayview Ave in Jersey City, within the Greenville neighborhood. The listing further notes that an Affordable Housing Overlay election may permit increased density, potentially allowing up to four units within the principal structure plus the rear ADU for up to five total units, in exchange for a one-time $72,000 trust fund contribution, with no off-site affordable units required. The property is currently occupied, and the listing states it has been sold for land value.
For developers and investors looking for a Jersey City R-1 site with a defined as-of-right development framework, the combination of a two-family plus rear detached ADU plan and the possibility of an Affordable Housing Overlay density increase may support a straightforward permitting and planning approach, subject to applicable requirements and the election process described in the listing.
Key Highlights
- 25x100 lot in Jersey City’s Greenville neighborhood with R‑1 zoning
- As‑of‑right development allows a 3‑story, 2‑family home plus a detached rear ADU (3 income‑producing units total)
- Affordable Housing Overlay (AHO) election may permit up to 4 units in the principal structure plus the rear ADU (up to 5 total units) with a one‑time $72,000 trust fund contribution
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
What type of property is this?
Residential land & home lot - R-1 parcel on a 25x100 lot size with as-of-right plan for two-family plus detached ADU.
Where is this residential land & home lot located?
The property is located at 233 Bayview Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 25x100 lot in Jersey City’s Greenville neighborhood with R‑1 zoning; As‑of‑right development allows a 3‑story, 2‑family home plus a detached rear ADU (3 income‑producing units total); Affordable Housing Overlay (AHO) election may permit up to 4 units in the principal structure plus the rear ADU (up to 5 total units) with a one‑time $72,000 trust fund contribution