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Property profile & analytics
OFF-MARKET
Land

11 Farview Ave Paramus, NJ 07652

Property ID
Property summary
AI-generated overview

This exceptional 7,362 square foot lot, located at 11 N Farview Ave in Paramus, New Jersey (Bergen County, zip code 07652), presents a unique investment opportunity. Zoned R-2F, the property allows for multifamily development, offering significant potential for rental income. The lot dimensions are approximately 43.7 feet wide by 176 feet deep. Currently, a single-family house with a two-car garage sits on the property. This existing structure is occupied by a month-to-month tenant and is being sold strictly "as is." The property's prime location near Routes 4 and 17 offers excellent access to transportation and amenities. Cash offers only are being considered for this exceptional land parcel, ideal for developers seeking to capitalize on the strong rental market in this desirable Paramus location. The property is situated in a highly sought-after area of Bergen County, known for its strong rental demand and convenient access to major roadways. This presents a rare chance to acquire a substantial lot with significant upside potential.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Anthony J. Panzica, DC Alternative Medicine Practice
  • Paramus Family Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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