197-193-197 W 51 St St, Bayonne, NJ

Name: 197 - 193-197 W 51 St St, For Sale in Bayonne - Zoocasa
Brand: coldwell banker realty
SKU: 260021164
Price: 1400000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,400,000

000

MLS® 260021164

Overview

Key Facts

Type Unimproved Land

Levels Land

Size -

Garage No

Taxes

Days Active 2

Lot Size 10000 SF

Approx. Age

MLS® Number 260021164

Property Address: 197-193-197 W 51st St, Bayonne, NJ, 07002-2109

Average square foot calculated using Size range provided by listing agent.

Description

DEVELOPMENT OPPORTUNITY — 10, 000 SF R-M HIGH-DENSITY RESIDENTIAL SITE Rare Bayonne development opportunity at 193–197 W 51st Street. Approximately 10, 000 SF (100' × 100') vacant parcel located in Bayonne's R-M High Density Residential District, offering potential for multifamily residential development. The property is situated directly along the Hackensack Riverwalk and borders Richard Rutkowski Park, providing an exceptional setting adjacent to open space and waterfront recreation. The R-M zoning permits a variety of residential uses, including multifamily dwellings, low-rise apartments and townhouse development. Prior architectural studies have explored multifamily development on the property, including conceptual plans for approximately 14–16 residential units with parking. These plans are conceptual only and are not approved. The property is subject to recorded environmental restrictions affecting an approximately 1, 550 SF Restricted Area, including limitations on residential use within that area and requirements concerning existing engineering controls. The site also has a documented riparian/buffer constraint. Prospective purchasers should conduct their own due diligence regarding the development envelope, environmental requirements, permitted density, parking, access and all required municipal and NJDEP approvals. An opportunity for a developer or builder seeking a residential development site in Bayonne's R-M district, with the added benefit of immediate access to the Hackensack Riverwalk and adjacency to Richard Rutkowski Park.

MLS® Number260021164

Laundry Level

Central VacNo

FireplaceNo

Acreage0.2295684

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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