Approved Multi-Unit Development
Elmwood Park Boro Elmwood Park, NJ 07407
For Sale
$5,000,000
LAND - Elmwood Park Boro, NJ
Lot Size1.04 Acres
Days on Market161
Property Features for Elmwood Park Boro
General Information
Property type
Land
Property subtype
Other
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: Jun 30
Last Checked: Jul 29 at 5:06AM
MLS# 4010362
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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
Location Intelligence
Current Use
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.