Rare opportunity to build 10-12 new homes in new subdivision in bucolic Wyckoff, NJ. (See attached sketches). Final development proposal must meet Mt. Laurel affordable housing requirement. Town ordinance has already been approved deliniating the zoning requirements. (See attached). Gently sloping lot. Purchaser to submit plan for final approval to town, construct road and install utilities. Improved building costs must have a minimum lot size of 7,000 square feet and a maximum building height of 2.5 stories (35 feet). This listing incorporates Block 483 Lots 38.01 and 46. Development will require road construction and running utilities up the new road. Part of the property is wooded, part is paved. One existing home on property could potentially be renovated. Small part of lot has a seasonal stream. Building envelopes not in flood plain.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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