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$ 1,500,000
Est. payment | /mo
$ 1,500,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3983456
HOA Y/N No
Annual Tax Amount $9,083
Tax Year 2024
Property Description
SHOVEL-READY MIXED-USE DEVELOPMENT, FULLY APPROVED & PERMITTED!! This is a rare, turnkey opportunity for investors and developers to step into a fully entitled project with all state and local approvals completed. All permits have been issued and paid, allowing for immediate construction with no delays or entitlement risk. The project includes two 3 bedroom, 2 bath residential units, each thoughtfully designed as two-story layouts with private rooftop terraces. On the ground floor, two commercial storefronts totaling 2200 sq. ft. offer strong potential for rental income from retail, office, or service tenants. A private parking lot in the rear adds further value and convenience for both residents and businesses. Located in a high-demand area, this mixed-use development offers multiple income streams and a fast track to revenue with minimal upfront work. Architectural plans, permits, and supporting documents are available upon request. Ideal for developers ready to build now or investors looking for a high-potential asset without the typical pre-construction hurdles. Perfect 1031 exchange candidate offering immediate development potential and long-term income growth.
Location
State NJ
County Passaic
Building
Lot Description Level Lot
Sewer Public Sewer on Property
Water Public Water on Property
Others
Senior Community No
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