180-Unit Project Planned For 162-170 Avenue F, Bayonne

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162 170 Avenue F bayonne real estate development
Credit: Google Street View

Another new project is planned in Bayonne as development in the city continues to pick up. A report published by The Jersey Journal states that an 180-unit building is planned for 162-170 Avenue F, between 23rd and 24th Street, in the city’s 2nd Ward.

The project is made up of 10 studios, 85 one-bedroom apartments, 63 two-bedroom apartments, 17 two-bedroom lofts, and five three-bedroom lofts. There will also be 3,000 square feet of commercial space and 189 parking spaces, according to the Hudson Reporter. Earlier this year, the site was declared by the city council to be an area in need of redevelopment, and a redevelopment plan was approved following a recommendation by the Bayonne Planning Board.


Property records show that the developer, Parkview Realty Holdings, LLC of Borough Park, Brooklyn, has owned the lots that make up the property since 2004 and 2005, when the company paid over $2.5 million to acquire all of the tracts. Currently, the lots contain multiple homes, a garage occupied used by Marko Specialty, Inc., and a large vacant tract previously used by Control Demolition, Inc.

The site is located within what is largely a residential neighborhood, though there are a few industrial facilities nearby along Route 440. The 22nd Street Station on the Hudson-Bergen Light Rail is just a five-minute walk away from the property, and Halecky-IMTT Park, the site of a recent oil leak, is just around the corner.


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1 COMMENT

  1. Interesting project but it be decades before there will any decedent return on investment. This luxury apartment building is located next to the proposed location of a very controversial mosque and around the corner from a recent oil spill. On top of that the current political climate in Bayonne is causing every approved project to be challenged judicially. Bayonne has a lot of potential butts not worth the hassle. The smart money still in Jersey City

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