Property summary
This exceptional investment opportunity presents a 4-unit multifamily building situated on a 24.85 x 100 foot lot in Bayonne, New Jersey, at 431 Avenue C, zip code 07002. Currently operating at 100% occupancy, the property features two commercial tenants on the first floor and two residential apartments on the second floor. The first-floor commercial space is complemented by three separate garages. Apartment 1 is a one-bedroom, one-bathroom unit, while Apartment 2 is a larger two-bedroom,… one-bathroom unit. All units and garages are currently occupied on a month-to-month basis. The property boasts a full, walk-out basement and features a mix of brick, stone, and stucco exterior finishes. Heating and cooling systems include window A/C units, baseboard, electric, and gas hot water. The property is zoned C-1 Neighborhood Commercial District, offering significant redevelopment potential. Options include maintaining the existing mix of commercial and residential units, or pursuing a variance to convert the ground floor commercial space to residential use, allowing for the construction of a three-story multi-residential building. Further expansion is possible with the purchase of the adjacent vacant lot at 433 Avenue C (MLS #240015180), potentially enabling the construction of a five-story residential building with 13 or more units, subject to zoning regulations. Zoning allows for 60% lot coverage, with units 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, other shops, restaurants, light rail, and bus routes adds to its appeal. A virtual tour is available.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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