592 Ridgewood Road presents a unique opportunity to acquire a substantial residential parcel, approximately 2+ acres in size, situated in a highly sought-after and limited supply market within Bergen County. This property is located on the prestigious Ridgewood Road in Washington Township, combining fundamental location advantages with significant long-term land value and potential for future development.
The property is currently improved with two existing single-family residences. However, the primary value of this offering is derived from the underlying land itself and its potential for subdivision and residential redevelopment. Any such redevelopment would be contingent upon obtaining the necessary municipal approvals, including zoning and subdivision regulations.
This parcel is surrounded by established residential neighborhoods characterized by strong home values and consistent demand for new, high-end housing. These market conditions suggest that the property may be suitable for various development strategies, catering to the sustained demand for luxury residential product in the area.
Washington Township is recognized for its highly-rated school system and robust demographics. Furthermore, the location provides convenient access to major transportation routes, including the Garden State Parkway, which supports consistent demand for premium residential properties in the surrounding vicinity.
Coldwell Banker Residential Brokerage

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