Approved Multi-Unit Development
For Sale
$5,000,000
Elmwood Park Boro, Elmwood Park, NJ 07407
Lots and Land, Elmwood Park Boro, NJ
Property SizeContact for details
Lot Size1.04 Acres
Days on Market185
Property Features for Elmwood Park Boro
General Information
Property type
Land
Property subtype
Other
Lot features
Level Lot
Standard status
Active
Lot size
1.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
35000
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
COCCIA REALTY BHGRE
(201) 997-7000
Listed By:
JAN R KWAPNIEWSKI
(201) 997-7000
Added: Feb 18
Changed: Aug 19
Last Checked: Aug 22 at 7:06PM
MLS# 4010362
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.04-acre site is approved for a 58-unit development with 93 parking spaces. Building plans are approved, and a building permit is in place, requiring no additional approvals. The development includes 50 one-bedroom apartments and 8 two-bedroom units, with 9 affordable units consisting of 8 one-bedroom and 1 two-bedroom apartment. There are 93 parking spaces, including 67 covered spots. Approvals from NJDOT, Stormwater Authorization, and Soil Erosion are secured. Percolation and soil boring reports, along with building and site plans, are available for review. Construction can begin immediately. Pro forma and unit breakdown are available for review. The site has no wetlands and is not in a flood zone.
Key Highlights
- Approved site for 58 units with building permit in place, allowing immediate construction.
- Includes a mix of unit types: 50 one‑bedroom and 8 two‑bedroom apartments.
- 93 parking spaces, including 67 covered spots.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
981
Businesses Nearby
Explore this area
Business Placement
Demographics for 07407, NJ
21,422
Population
7,561
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
91%
High-School Grad
2.6 sq mi
ZIP Area
8,239
Density / Sq Mi
$100,852
Median Household Income
$51,764
Median Earnings
$2,025
Median Rent
$456,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved 58-unit development site with permits in place.
Where is this residential land & home lot located?
The property is located at Elmwood Park Boro Elmwood Park, NJ.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Approved site for 58 units with building permit in place, allowing immediate construction.; Includes a mix of unit types: 50 one‑bedroom and 8 two‑bedroom apartments.; 93 parking spaces, including 67 covered spots.
