Land For Sale in Closter, NJ
MLS# : 26002711
PROPERTY DETAILS
PROPERTY DESCRIPTION
Investor special. Rare opportunity to acquire two fully approved lots totaling approximately 37,897 SF in a premier Closter subdivision. Each lot is approved for a two-family home with Approximately ~3,500 SF of living space in each unit and an attached two-car garage. Four total units are approved for 5 bedrooms, 4.5 baths, plus a bonus office, offering ideal layouts for today’s luxury market. This shovel-ready project includes an approved subdivision, completed engineering, concept plans, and full architectural drawings, allowing almost immediate construction, two weeks. Currently, there is an existing single-family home on the property that is rented month-to-month, providing interim income and flexibility prior to development. Located in highly desirable Closter, known for top-rated schools, limited new construction, strong luxury comps, and easy access to Manhattan. Excellent opportunity for build-to-sell, long-term hold, or hybrid strategy with strong short- and long-term ROI potential.
Current Zoning & Permited Use
This listing is a courtesy of Prominent Properties Sotheby's International Realty-Tenafly
201-568-5668 office, listing agent Orna Jackson
About Closter, NJ Real Estate Market
Currently spread over 3.30 square miles, Closter is home to around 8,500 people, making it one of the least populated boroughs in New Jersey. Given its existence in the Middle Atlantic region, Closter has a humid subtropical climate most of the time in a year. The borough shares its boundaries with other municipalities of Bergen County, such as Demarest, Alpine, Harrington Park, Emerson, Norwood and Haworth.
Closter has a mixed lifestyle having a glimpse of both rural feel with open parks and farms and many newly-constructed homes and lanes. There are several parks in the town area, such as Amendola Park, High Street Park, Memorial Field, Mollicone Park, Ruckman Park and Schauble Park. In addition to these parks, the other major attractions of Closter are an outdoor mall called Closter Plaza, which includes many restaurants, shopping stores and a theatre. There is a Closter golf centre, which has a mini-golf course and a two-story driving range.
| Population: | 8,373 |
| Total Housing Units: | 2,860 |
| Single Family Homes: | 2,690 |
| General Tax Rate (2023): | 2.144% |
| Effective Tax Rate (2023): | 1.935% |
| Compare To Other Towns |
Closter Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,288,186 |
| Homes Sold* (12mo): | 82 |
SINGLE FAMILY HOME SALES
Closter, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.144% |
| Effective Tax Rate (2023): | 1.935% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
