433 Avenue C Bayonne, NJ 07002

Property Details for 433 Avenue C

Property type

Land

Description

This exceptional 2,515 square foot commercial lot, located at 433 Avenue C in Bayonne, New Jersey (zip code 07002), presents a remarkable development opportunity. The property is zoned C-1, Neighborhood Commercial District, allowing for a variety of uses. The lot dimensions are 25.15 feet wide by 100 feet deep, offering significant potential for construction. Current zoning regulations permit a 60% lot coverage, with building plans potentially including a three-story multi-residential structure, or a five-story residential building with a variance. For multi-residential construction, units could be up to 600 square feet and a maximum of two bedrooms. Parking requirements are 1.25 spaces per two-bedroom apartment. The property's convenient location near ShopRite, various shops, restaurants, light rail, and bus routes adds to its appeal. This vacant lot is being sold separately from the adjacent building at 431 Avenue C (MLS # 240015179). A virtual tour is available online. This is an amazing opportunity to build a new multi-use building, potentially incorporating ground floor commercial space and upper residential units. Buyers should verify all zoning regulations and building codes with the appropriate authorities before making any development plans. The asking price for this prime development land is $349,900.