Available
$579,000(ARV: $1,600,000)36% of ARV

Bergen County, Bergenfield, NJ 07621

5 days ago

Gross spread$1,021,000

Description

Zoning & Redevelopment Analysis with ARV and Purchase Underwriting – Bergenfield, NJ CALL DOMINIQUE OR SEND A TEXT FOR MORE INFO [contact details hidden] DOCUMENTS AND SURVEY A complete zoning and redevelopment analysis has been completed for the property. Based on the current zoning regulations, the lot appears to be a conforming one-family redevelopment site with the potential to support approximately 4,000–4,200 square feet of above-grade living space, plus a basement, under a realistic by-right development scenario. The report also includes a detailed review of the applicable zoning requirements, building and improved lot coverage calculations, setback analysis, redevelopment potential, basement and height restrictions, comparable new construction sales, and an estimated ARV of approximately $1.55M–$1.60M. To maximize profitability, it is recommended to retain the existing basement. The full zoning analysis, supporting calculations, comparable sales, and source references have been attached as a PDF. The document is available in the property's Documents section in InvestorLift and in the property's Dropbox folder for anyone who would like to review the complete report. Asking Price: $575K Estimated New Construction ARV: $1,6M PRESENT ALL OFFERS! CALL DOMINIQUE OR SEND A TEXT FOR MORE INFO [contact details hidden] DOCUMENTS AND SURVEY Disclosure CALL DOMINIQUE OR SEND A TEXT FOR MORE INFO [contact details hidden] DISCLAIMER: This is an assignment of contract. A legally binding purchase agreement has been executed with the Seller granting this company the exclusive right to purchase the property. This company does not represent the property owner. We are NOT licensed real estate brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit written consent. Any attempt to contact the owner directly or interfere with the transaction may result in legal action.

Property

Bedrooms
Bathrooms
Square feet
Lot size6,000 sf
Year built
Condition
OccupancyVacant
Parking

Seller

CompanyWithheld
Disposition repWithheld
Documents on file2
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