Bayonne, NJ 07002 · Investment · For Sale · MLS 260019756
80-84 East 25Th St
$1,299,000
Investment
Use
14
Units
15
Parking spaces
0
Days Listed
About this property
APPROVED 14-UNIT MULTIFAMILY DEVELOPMENT SITE. BUYER BUILDS. 80-84 East 25th Street is a 6,578 SF lot (69.75 x 94.31) in Bayonne's 80-84 East 25th Street Redevelopment Area with the entitlement work complete. The Bayonne Planning Board granted preliminary and final major site plan approval (Resolution P-24-035, memorialized April 8, 2025) for a four-story, 45-ft residential building with 14 units over a 15-space enclosed garage, and found the project fully compliant ("as-of-right") with the redevelopment plan. The City executed a Redevelopment Agreement naming the owner exclusive redeveloper on June 17, 2026, and a 20-year PILOT (long-term tax exemption, Ordinance O-25-41) in June 2026: an annual service charge of 10% of gross revenue in years 1-10, stepping to 11% with rising tax floors through year 20. No affordable-housing set-aside or fee. Approved program: 6 one-bedroom/one-bath units (651-816 SF) and 8 two-bedroom/two-bath units (928-958 SF), 11,980 SF net residential, a 798 SF residents' amenity room, elevator, a washer/dryer in every unit plan, tenant storage and bike parking in the partial basement, rooftop solar and a red-brick loft-style facade. Architect's certified hard-cost estimate: $3,404,000. About a quarter mile to the 22nd Street HBLR light rail station. FEMA flood zone X. The lot holds a vacant one-story masonry warehouse, which the approved plan demolishes;
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationBayonne, NJ 07002
MLS #260019756
Space
Units14
Stories4
ConstructionBrick
Site & exposure
Parking spaces15
Investment
Est. gross income0
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Bayonne zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 80-84 East 25Th St?
The asking price is $1,299,000.
What is 80-84 East 25Th St zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Bayonne zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 80-84 East 25Th St?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
