SoldApr 18, 2024

Listed and Bought with MAX VISHNEV from Compass

Source: Hudson County Multiple Listing Service #240004523

169 Prospect Avenue, Bayonne, NJ, 07002

$528,000

4
2
2

Duplex

4 days on the market

Sold: Apr 18, 2024

What's around 169 Prospect Avenue

About this property

Calling all investors and house-hackers! This is the Bayonne investment you have been waiting for. This two-family property has been in the same family for more than half a century and features two off-street parking spots and over 1,900 square feet of living space, according to city tax records. The location is superb given the short distance to the 22nd and 34th st light rail stations, the close proximity to Bayonne Medical Center, and all the new luxury development that has gone up in the vicinity. It is also minutes away from national brands, including Costco, Walmart, Lidl, LA Fitness, Stop n' Shop, and more. Off-street parking is at a premium in Bayonne, which makes this property even more attractive. Route 78, Route 440, and NJ Turnpike are a close by as well. There is a concrete storage shed at the back of the lot for additional storage needs. This is an estate sale and the list price reflects the home?s current condition. It is sold strictly as is and is ideal for serious investors who can bring their vision and a good contractor in order to realize the property's full potential after renovations. Both units have almost identical layouts, with two bedrooms and one bathroom per unit. Both kitchens and living rooms are spacious. Unit 2 has an additional room next to the living room that could be used as a home office or a dining area. This unit also has a private walkout onto the wooden deck overlooking the backyard, so both units offer private outdoor spaces. The living rooms on both floors feature bay windows and take in abundant natural light. The hardwood floors in these rooms could potentially be refinished and made to look beautiful once more. Unit 2 also features a vintage cast-iron claw-foot tub. There is so much history and character in this great home. It just needs a new owner with a vision to restore it to its old splendor and charm. This multi-family home has a ton of potential and is waiting for the next owner to realize it and benefit from it. Schedule a private showing today. This will not last!

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