225 Paramus Road Ridgewood Village, NJ 07450

$2,950,000
6
Beds
5
Baths
1.86
Acres
3,700
SQFT
797
$/SQFT
$2,950,000
6
Beds
5
Baths
3,700   sf
$797 / sf
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This property is 1.9 acres, zoned R-125, with a deep backyard. There are many more appropriate uses other than R-125 that could be used for this property considering its size and the commercial use that surrounds it. Some more appropriate uses could be (with required rezoning by Ridgewood) 18 to 20 townhomes, 45 to 50 apartments, assisted living facility or nursing home. Another beneficial use could be for NJ Affordable Housing (under the NJ Fair Share Housing Laws and Requirements). The existing Ridgewood Zones (AH-2 Affordable Housing District (190-18.3)) or (AH-3 Affordable Housing District (190-18.6)) seem to be very applicable and achievable for this property.

This property is 1.9 acres, zoned R-125, with a deep backyard. There are many more appropriate uses other than R-125 that could be used for this property considering its size and the commercial use that surrounds it. Some more appropriate uses could be (with required rezoning by Ridgewood) 18 to 20 townhomes, 45 to 50 apartments, assisted living facility or nursing home. Another beneficial use could be for NJ Affordable Housing (under the NJ Fair Share Housing Laws and Requirements). The existing Ridgewood Zones (AH-2 Affordable Housing District (190-18.3)) or (AH-3 Affordable Housing District (190-18.6)) seem to be very applicable and achievable for this property.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Bergen
  • Tax Amount
    $25,659
  • Status
    Active
  • Listing #
    3885182
  • Built
    1920
  • Lot Size
    1.86
  • Listed on site
    288 days

Listed by:
List With Freedom.com

Source:
Garden State MLS

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Property details

Exterior features

  • Has garage
  • No Pool
  • Basement

Style

  • Colonial
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