233 Bayview Ave, Jersey City, NJ 07305

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.