This listing is brought to you by Sean Cotter of Dominant Properties. Want a listing featured? Email us, [email protected].
Bayonne’s real estate market is heating up: As we reported on last week, both property values and rents are on the rise in Bayonne. With a healthy pipeline of new developments, great transportation options, including a new Manhattan ferry, and a city government welcoming to development, the upward trends are likely to continue.
For developers wanting in on this rising market, we have the opportunity available to purchase a development site in a prime location in the Peninsula City. Located at 365-371 Kennedy Boulevard, the 100 X 92.50 feet lot is ripe for development.
The underutilized parcel is currently occupied by a storage building and surface parking lot. It could be possible to assemble with neighboring parcels at 361-363 and 373 Kennedy Blvd. The location is less than a 7-minute walk to the 8th Street Light Rail station.
The asking price is $1,699,000 and the 2018 taxes are $23,470.95.
For more information, contact Sean Cotter of Dominant Properties at 201-679-3072 or
[email protected].
—
