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- LoopNet Team
170 Valley Blvd
Wood-Ridge, NJ 07075
Land For Sale
·
0.40 AC
Investment Highlights
- The site is located within District 2 in Wood-Ridge which is the Retail and Business Zone (RB).
- "Permit higher density residential development in appropriate locations, consistent with the other goals and objectives herein."
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.40 AC |
| Zoning | B-2 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.40 AC |
| Zoning | B-2 |
Description
The subject property is located at 170 Valley Blvd, Wood-Ridge New Jersey at the corner of Wood-Ridge Avenue. The property consists of three lots: 16.02, 16.03 and 16.04. Lot 16.02/Block 274 has a vacant retail building on it and the other two lots are vacant land. The three lots combined make up a total of 17,420 square feet. The site is located within District 2 in Wood-Ridge which is the Retail and Business Zone (RB). Although the property is not zoned residential, multifamily or mixed-use development maybe the highest and best use could be possible to construct 24 residential luxury units with city approval. In the 2016 Wood-Ridge master plan the city does cite an objective to: "Permit higher density residential development in appropriate locations, consistent with the other goals and objectives herein."
Property Taxes
| Parcel Number | 69-00274-0000-00016-02 | Improvements Assessment | $117,400 |
| Land Assessment | $229,100 | Total Assessment | $346,500 |
Property Taxes
