Residential

Elmwood Park, NJ Residential Land & Home Lots for Sale

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Saddle Brook, NJ Paterson, NJ Clifton, NJ Fair Lawn, NJ Garfield, NJ Rochelle Park, NJ Passaic, NJ Budd Lake, NJ
Approved Multi-Unit Development Site
Updated: Feb 18
Approved Multi-Unit Development Site

Elmwood Park, NJ 07407

$5,000,000
1.04 AC lot
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.
All necessary approvals secured: NJDOT, Stormwater Authorization, Soil Erosion.
Includes 9 affordable units (8 one‑bedroom & 1 two‑bedroom).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elmwood Park, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lots and Land, Clifton City, NJ
Lots and Land, Clifton City, NJ

66 W 2Nd St, Clifton, NJ 07011

$550,000
0.11 AC lot

Residential land & home lots · 0.11 Acres

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Approved 28-Unit Residential Development Land
Approved 28-Unit Residential Development Land

540 Broadway, Paterson, NJ 07514

$1,650,000

Land is shovel-ready with full approvals for a 28-unit residential project and 46 parking spaces, including a 30-year tax abatement.

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Land
Land

66 W 2Nd St, Clifton, NJ 07011

$550,000

Residential land & home lots

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Land in Paterson Opportunity
Land in Paterson Opportunity

265 Hamilton Ave, Paterson, NJ 07501

$170,000
0.05 AC lot

Land available in Paterson with potential for multi-family development.

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Elmwood Park, NJ Residential Land & Home Lots Market Trends and Statistics

Explore 1 residential land & home lots for sale in Elmwood Park, NJ on our real estate platform. These investment opportunities span a total of 45,302 square feet of properties for sale, with an estimated market value of $5,000,000.

Sale prices for home sites in Elmwood Park, NJ average $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3
Residential land & home lots 1

Demographics Overview

Population 21K
Population Growth (5Y) +5.8%
Median Household Income $100,852
College Educated 47.3%

High-Yield Neighborhoods for Investment

Identify Elmwood Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07407 $5M

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $19.10 per SF
Tax Rate vs County Average 0.83 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bergen County

New Delisted

Total CRE Inventory on Market (SF)

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