Listed price in listed location currency (USD).
$2,000,000

000

MLS® 26030548

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage 
Taxes $14,000
Days Active 4
Lot Size 
Approx. Age 
MLS® Number 26030548

Property Address: apt-2-823 Anderson Ave, Fort Lee, NJ, 07024-4165

Average square foot calculated using Size range provided by listing agent.

Description

**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.
MLS® Number26030548
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 12, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
823 Anderson Ave, Fort Lee, NJ

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