**FULLY APPROVED & ACTIVE MULTIFAMILY DEVELOPMENT SITE** 823 Anderson Avenue presents a rare opportunity to acquire a fully approved and active multifamily redevelopment site in one of Bergen County�s strongest rental markets. The offering includes an existing income-producing two-family residence together with active Planning Board approvals for the construction of a six-unit multifamily residential development. The approved project consists of six 2-bedroom, 2-bathroom residential units, including one affordable housing unit, within an attractive three-story building featuring integrated garage parking with projected market rents of approximately $4,500/month for market-rate units (affordable allowable rent approx. $2,800/month). Situated on an oversized 7,606 SF corner lot with approximately 89 feet of frontage, the property offers a rare combination of: � Active development approvals � Strong projected rental income (Projected gross annual income approximately $303,600) � Existing cash flow during pre-construction planning � Significant parking capacity � Prime NYC commuter location Documentation Included with the Sale: � Fully Approved Borough Planning Board Resolution � Architectural Plans � Site Plans � Property Survey Seller is a licensed NJ Real Estate Broker. For more information, contact listing agent at 201-664-4444.
Vacant Lot - 0.51 acres in Fort Lee, N.J....Perfect for your dream home or investment, the lot is level & ready for development. Discover a rare opportunity to own the two prime remaining vacant lots in a three-lot subdivision atop the Palisades, offering breathtaking , unobstructed views of the Hudson River from the George Washington ridge to Midtown Manhattan.. This highly desirable location in the most highly sought-after area of Fort Lee available development, making it an exceptional find in a town with less than a dozen single family properties in Fort Lee with unobstructed views of NYC at the top of the Palisades. Both lots are being sold together for ONE (1) Single Family Estate Home. Don't miss this unique opportunity! Contact us today for more details.
THIS LOT IS APROX. 6,250 SQ.FT., WITH FRONTAGE ON TWO STREETS. 50 FEET ON MAIN STREET AND APROX. 22 TO 25 FEET ON OLD PALISADE ROAD. PROPERTY HAS POTENTIAL TO BE COMBINED WITH OTHER PROPERTIES.
Fort Lee is located in New Jersey. Fort Lee, New Jersey has a population of 39,701. Fort Lee is less family-centric than the surrounding county with 31.51% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Fort Lee, New Jersey is $92,456. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Fort Lee is 46.2 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 48.3 inches per year, with 25.5 inches of snow per year.