INVESTOR & DEVELOPER OPPORTUNITY! Exceptional value-add property in the heart of Bayonne! This mixed-use building is being sold AS-IS and requires a complete renovation. Municipal approvals have already been obtained to convert the property into a legal two-family residential dwelling, eliminating the time and uncertainty of the approval process. The existing mixed-use zoning also offers the potential for a variety of commercial uses, including a daycare facility (subject to licensing and any applicable municipal requirements). An outstanding opportunity for builders, developers, investors, or business owners looking to maximize the property's potential. Buyer is responsible for completing any remaining permits, construction requirements, and verifying all intended uses. A rare redevelopment opportunity with tremendous upside.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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