$350,000

305 Union Ave, Belleville Twp., NJ 07109

  • 3 beds |
  • 3 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Investor Special Dual Approved Project with Major Upside in Belleville. *This is a construction project*. House has been knocked down to the foundation. The buyer will be purchasing as is and will continue the construction. Buyer has 2 options. #1 Build a mixed-use building. This property has board approval for a new mixed-use building with: Two large one-bedroom apartments approximately 1240 and 1066 square feet. One two-bedroom apartment approximately 1115 square feet and two retail storefronts approximately 478 and 402 square feet, which can be combined. Indoor garage with space for 5 cars including EV charging. Shared office and lounge space approximately 813 square feet. The lot wraps around the corner with access from both Union Ave (stores) and Joralemon St (parking) and sits in a mixed-use zone close to shopping, transit, and development. Option #2 " build a new single family with 3 bedrooms and 3 bathrooms, construction plans available. Whether you move forward with the single-family renovation or build the approved mixed-use concept, this property offers multiple profitable exit strategies.

Listing Status:
Active
Listing Office:
RE/MAX HOMELAND REALTORS : 732-462-2222
MLS ID:
3971290
  • Kitchen: Separate Dining Area
  • Appliances: See Remarks
  • Basement: FinishedFrench Drain
  • A/C: See Remarks
  • Heating: See Remarks
  • Fireplace: See RemarksFireplaces: 1
  • General: See RemarksStoneStucco
  • Style: Colonial
  • Parking: Parking spaces: 3
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: Driveway-ExclusiveOff-Street Parking
  • Zoning: 1601-06203-0000-00016-0000-
  • Utilities: See Remarks
  • Water: See Remarks
  • Sewer: See Remarks

This listing courtesy of RE/MAX HOMELAND REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Belleville Ps3

230 Joralemon St, Belleville, NJ, 07109

Grades PK-6

0.08 miles away

B

Belleville Middle School

279 Washington Ave, Belleville, NJ, 07109

Grades 7-8

0.35 miles away

B

Belleville High School

100 Passaic Ave, Belleville, NJ, 07109

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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