Residential Development Site For Sale

Highlights:

• Zoned R10A - High Rise Apartment
• Located approx. 1/4 of a mile away from the George Washington Bridge
• 62' x 100' Lot Size or approx. 6,200 Sqft
• Vacant Lot - No Demolition Cost
• Buyer can purchase "Subject to Obtaining Approvals to Build 10+ Units"
• Across the River from NYC - Perfect Location for Expanding into NJ
• Walking distance to Fort Lee's newly developed downtown district

Description:

The Elia Realty Group powered by KW Commercial proudly presents an exciting new opportunity to develop 10+ Units in Fort Lee, NJ. The site is currently a vacant lot with no structure on the property. The property is zoned R10A, which allows for as of right, multi-family development. The Sellers are looking for a qualified developer that matches their price and terms to move forward into a contract.

Fort Lee:

Fort Lee is a borough at the eastern border of Bergen County, New Jersey, in the United States, situated along the Hudson River atop the Palisades.

As of the 2010 United States Census, the borough's population was 35,345, reflecting a decline of 116 (−0.3%) from the 35,461 counted in the 2000 Census, which had in turn increased by 3,464 (+10.8%) from the 31,997 counted in the 1990 Census. Along with other communities in Bergen County, it is one of the largest and fastest-growing ethnic Korean enclaves outside of Korea.

Fort Lee is named for the site of an American Revolutionary War military encampment. At the turn of the 20th century it became the birthplace of the American film industry. In 1931 the borough became the western terminus of the George Washington Bridge, which crosses the Hudson River and connects to the borough of Manhattan in New York City. Fort Lee's population and housing density increased considerably during the 1960s and 1970s with the construction of highrise apartment buildings.

Geography:
According to the United States Census Bureau, Fort Lee borough had a total area of 2.87 square miles (7.44 km2), including 2.52 square miles (6.52 km2) of land and 0.35 square miles (0.92 km2) of water (12.33%).

The borough is situated atop the escarpment of the Hudson Palisades on the peninsula between the Hackensack and Hudson rivers. The borough is bisected by the confluence of roads at GWB Plaza leading to the George Washington Bridge.

Unincorporated communities, localities and place names located partially or completely within the borough include Coytesville, Linwood, Palisade and Taylorville.

The borough borders Cliffside Park, Edgewater, Englewood, Englewood Cliffs, Leonia, Palisades Park, Ridgefield in Bergen County; and the Washington Heights neighborhood of Upper Manhattan in New York City. Given its evolving cosmopolitan ambiance and adjacent proximity to Manhattan, Fort Lee is one of Northern New Jersey's Hudson Waterfront communities that has been called New York City's Sixth Borough.

The property slopes downward from West to East, creating a perfect dual access entrance and exit for a two-tier concrete decking for the future multi-family development. The site is located approx. 1/4 of a mile away from the George Washington Bridge.

Ample Power

Municipal utilities are available.

Municipal utilities are available.

Natural Gas

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