Belleville Twp., NJ 07109,305 Union Ave
Belleville Twp., NJ 07109,305 Union Ave
Belleville Twp., NJ 07109,305 Union Ave
Belleville Twp., NJ 07109,305 Union Ave
Belleville Twp., NJ 07109,305 Union Ave
Belleville Twp., NJ 07109,305 Union Ave
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$ 350,000
Est. payment | /mo

3 Beds

3.5 Baths

5,227 Sqft Lot


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$ 350,000
Est. payment | /mo
Save

3 Beds

3.5 Baths

5,227 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3971290

Style Colonial

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1927

Annual Tax Amount $11,381

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Single Family

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.

Location

State NJ

County Essex

Rooms

Basement Finished, French Drain

Kitchen Separate Dining Area

Interior

Heating See Remarks

Cooling See Remarks

Fireplaces Number 1

Fireplaces Type See Remarks

Heat Source See Remarks

Exterior

Exterior Feature See Remarks, Stone, Stucco

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available See Remarks

Roof Type Asphalt Shingle

Building

Sewer See Remarks

Water See Remarks

Architectural Style Colonial

Others

Senior Community No

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by RE/MAX HOMELAND REALTORS

GET MORE INFORMATION

agent
Carlos "Alex" Jesus

Broker | Lic# 9798051

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305 Union Ave