$800,000
123 Hidden Street,Bayonne, NJ 07002
$800,000
What builders pay for similar lots nearby
$4,000,000
Based on 2 recent new construction sales nearby
Current Property Type
Multi Family
Projected Resale Build Type
Multi Unit Home Dev
Lot Size
5,000 ~ sqft
Dimensions
61 x 105 ft
Zoning: R-3 · Medium Density Residential
This R-3 zone in Bayonne allows for detached single/two-family homes, attached townhouses, and multi-family dwellings including low-rise apartments. Key buildability limits include a maximum lot coverage of 70% and a maximum building height of 40 feet for low-rise apartments, or 35 feet for other dwelling types
Additional Information
Description
This rare double lot currently consists of a two family home and an oversized, three door garage in the rear. We think this property is best positioned to construct a 6-8 unit building. Conservative estimate is roughly $500K for each unit.
Zoning
Residential
Approval Status
Unapproved
Environment
Unknown
Vacant at Closing
Yes
Subject To
Open to discussion
Closing Timeframe
Flexible
Locations of builder purchases and new construction sales
Based on similar sized new construction properties
Multi-unit opportunity — the projected build here is Multi Unit Home Dev. Comp prices below are single-property sales.
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| Image | Address | Price | Type | Lot SqFt | Home SqFt | Beds | Baths | List Date | Sold Date | Status | Builder Names |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 88 W 20th St, Bayonne, NJ 07002 | $625,000 | Condo | N/A | 1,600 | 3 | 2 | Apr 13, 2026 | Apr 13, 2026 | Sold | N/A | |
| 90 East 27th Street, Bayonne, NJ 07002 | $600,000 | Condo | N/A | 1,000 | 3 | 2 | May 7, 2026 | May 7, 2026 | Sold | N/A |
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