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535-565 Spring Valley Rd 2.9 Acres of Residential Land Offered at $5,000,000 in Maywood, NJ 07607
INVESTMENT HIGHLIGHTS
- Great Investment opportunity along Spring Valley Road
- Land includes homes and a commercial building
EXECUTIVE SUMMARY
The land includes 3 homes and a vacant commercial building. Total rent from the three homes is $6000. Also, development opportunity for 25 townhouses.
PROPERTY FACTS
| Price | $5,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.90 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | A1 - Commercial and Residential | ||
| Price | $5,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.90 AC |
| No. Stories | 1 |
| Zoning | A1 - Commercial and Residential |
1 LOT AVAILABLE
Lot
| Price | $5,000,000 | Lot Size | 2.90 AC |
| Price Per AC | $1,724,137.93 |
| Price | $5,000,000 |
| Price Per AC | $1,724,137.93 |
| Lot Size | 2.90 AC |
Great investment opportunity in 2.90-acre lot.
DESCRIPTION
This 2.90-acre site in Maywood, NJ offers a compelling opportunity for redevelopment or investment, featuring three residential homes and a commercial building. Zoned A1, the property supports multifamily or commercial development, with a proposed plan for 25 townhomes. Located in a highly walkable area, it combines income potential with long-term growth prospects in a desirable Bergen County neighborhood.
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $30,700 | |
| Land Assessment | $1,243,700 | Total Assessment | $1,274,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,243,700
Improvements Assessment
$30,700
Total Assessment
$1,274,400
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535-565 Spring Valley Rd
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