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580 N Midland Ave 0.72 Acres of Residential Land Offered at $1,495,000 in Saddle Brook, NJ 07663
Investment Highlights
- Approved multifamily redevelopment
- Strong demographics and numerous demand drivers in immediate vicinity
- Broadway Station Fair Lawn with NJ Transit train service to New York City only one-half mile away
- Excellent Bergen County location
- Bus service along North Midland Avenue to New York City and throughout Bergen County
Property Facts
| Price | $1,495,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units - Senior |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | ||
| Zoning | AHOZ-5A, AHOZ-5B & AHOZ-6 | ||
| Price | $1,495,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Senior |
| Total Lot Size | 0.72 AC |
| Zoning | AHOZ-5A, AHOZ-5B & AHOZ-6 |
1 Lot Available
Lot
| Price | $1,495,000 | Lot Size | 0.72 AC |
| Price Per AC | $2,076,388.89 |
| Price | $1,495,000 |
| Price Per AC | $2,076,388.89 |
| Lot Size | 0.72 AC |
Description
The property consists of 0.72 acre approved for redevelopment for either 12 age-restricted (55+) apartments (9 market rate and 3 affordable) or 10 supportive needs apartments. There is currently a single-family home on the property with a month-to-month tenant.
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
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