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- LoopNet Team
192 W 31st St
Bayonne, NJ 07002
Land For Sale
·
0.17 ac

INVESTMENT HIGHLIGHTS
- PERFECTLY LEVEL OVERSIZED LOT
- LOCATED JUST 20 MINUTES FROM NEW YORK CITY
- TRUE WATERFRONT POSITIONED AT THE WIDEST POINT OF NEWARK HARBOR
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units - Flats |
| Property Subtype | Residential | Total Plot Size | 0.17 ac |
| Use Class | R-2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Flats |
| Total Plot Size | 0.17 ac |
| Use Class | R-2 |
DESCRIPTION
IMMACULATE WATERFRONT ALIGNMENT-This sizeable bayside lot embodies one of the most "PERFECTLY POSITIONED" Waterfront properties in all of Bayonne! The distinctive, oversized plot occupies a coveted, 120-foot "parallel" orientation (as opposed to a less desirable perpendicular one) along the majestic Newark Bay. Resting a literal 30 HORIZONTAL FEET from the harbor's edge, this unrivaled piece of real estate is PEERLESS, in a League of Its Own! . STRATEGICALLY SITUATED AT HARBOR'S MOST EXPANSIVE POINT-This incomparable parcel sits, proudly, at the broadest part of the vast Newark Harbor, with 1.21 miles of watery expanse stretching out beneath its gaze. It sits atop its fortress-like elevated station, affording the owner an astounding view, while simultaneously managing to stay quietly tucked in an exclusive, private inlet. . PERCHED AT THE APEX OF A 40’ ELEVATION-Relish the experience of having convenient accessibility to the nearby Bay, while being shielded from the water’s potential power. With the grade elevation of this property coming in at an insulated 40’ above sea level, there is zero chance of flooding, an issue recently dealt with by property owners in many locales. A protective, near-vertical, brush-covered cliff divides the plot from the Harbor by means of its steep, 60-degree angle. There’s even a cozy beach down at the coastline, a rarity in concrete-laden Bayonne. . THE BAY BRINGS THE BUYERS-A famous anthropologist wrote, “If there is magic on this planet, it is contained in water.” This quote invariably holds true in real estate. Water attracts people like few other elements can. As properties go, it doesn’t get much better than 192 West 31st Street, for it’s classified as a “True Waterfront” dwelling. Bayonne is no stranger to what are referred to as “Waterview” properties, a designation indicating a PARTIAL view of the water, often from hundreds or thousands of feet away. A “True Waterfront” property, however, sits on land that rests directly at the edge of a body of water. Because it’s so rare, it is the most highly sought-after type of holding. . STRIKING SUNSETS and PICTURESQUE VIEWS-Enhanced, in part, by the sheer expansiveness of the Bay’s width, you will be privy to some of the most magnificent sunsets the east coast has to offer. Coupled with the commanding 40’ elevation, you have the ingredients for an experience like no other. . PROLIFIC WILDLIFE AND CALMING NATURE-With this property, comes a MAGNIFICENT opportunity to peacefully observe the area’s wildlife. Lose track of time as you marvel at the daily activity of ducks, swans, geese, seagulls, and other marine life. . RAISING OF THE BAYONNE BRIDGE-This iconic bridge was raised on June 8, 2017, to provide increased clearance for New Panamax ships, some of the largest cargo vessels in the world. Since then, the stage has been set for unprecedented growth at the Port of NY and NJ, bringing more than 400,000 jobs and billions in regional economic activity. In short, the bridge wasn’t the only thing raised. Property values have been, and continue to steadily climb in Bayonne, making it a solid depot for long-term investment. . A SHORT 20 MINUTES TO NEW YORK CITY-Truly the embodiment of the phrase, “BEST OF BOTH WORLDS”, this waterfront property sits a brisk 20 minutes outside of the City. Enjoy the tranquility of a country-like dwelling while being a hop, skip and jump away from NYC. Take the tram or subway at the Hudson-Bergen station. Hop on the Line 119 Bus. Maybe you’d rather catch a cab or drive. Regardless of what modicum of travel you choose, it’s all made possible by Bayonne’s convenient proximity to the Big Apple. Decide you want to head to another part of the Garden State? Bayonne is also close to Newark, the NJ Turnpike and major NJ highways. It gets no better! . BAYONNE IS BOLDLY BUILDING-Bayonne has matured into a premier real estate market over the last few years. Even during the global pandemic, while New York City real estate suffered, Hudson County’s market continued to flourish. In addition to surrounding cities, Bayonne has served as a haven for both renters and prospective buyers who are working from home and looking to spread out. Recently during their October meeting, Bayonne’s planning board approved an application to revitalize property at 175 Avenue A. The project, called Bayview, includes the development of a total of 1,100 units alongside approximately 55,000 square feet of retail space throughout five buildings. Like it or not, Bayonne is rapidly growing and 192 West 31st is slated to be next in line for this evolution! Don’t let the investor behind you beat you to it! Call today! . https://jerseydigs.com/bayonne-approves-first-phase-bayview/
LINKS
Listing ID: 24419086
Date on Market: 03/11/2021
Last Updated:
Address: 192 W 31st St, Bayonne, NJ 07002
