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305 Union, Belleville, NJ, 07109

$380,000

3

Beds

6

Bathrooms

0

Building Sqft

0.00

Acres

0

Lot Sqft

About 305 Union

Investor Special ” Dual Approved Project with Major Upside in BellevilleWelcome to 305 Union Ave, where your next profitable project is already in motion. The property is currently under renovation as a modern single-family home with 3 bedrooms, each with walk-in closets, 3 full bathrooms, a large finished attic, and a high-ceiling basement. Major work is underway with approved construction permits. The home was demoed down to the foundation with three standing walls to preserve its renovation classification. This property also includes approved site plans for a new mixed-use building with:Two large one-bedroom apartments approximately 1240 and 1066 square feetOne two-bedroom apartment approximately 1115 square feetTwo retail storefronts approximately 478 and 402 square feet, which can be combinedIndoor garage with space for 5 cars including EV chargingShared office and lounge space approximately 813 square feetThe lot wraps around the corner with access from both Union Ave and Joralemon St and sits in a mixed-use zone close to shopping, transit, and development. Whether you move forward with the single-family renovation or build the approved mixed-use concept, this property offers multiple profitable exit strategies.

Features of 305 Union

MLS® #
22518968
Bedrooms
3
Bathrooms
6
Full Baths
3
Half Baths
3
Acres
0.00
Type
Residential
Price
$380,000
Sub-Type
Single Family Residence

Additional Features

Subdivision
Union Courts

Exterior

Lot Description
[]

Community Information

Address
305 Union
Subdivision
Union Courts
City
Belleville
County
Essex
State
NJ
Zip Code
07109

Listing Information

Agent Name
Jose A Fernandez
Agent Office
RE/MAX Homeland Realtors

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(718) 987-7900