Discover an exceptional land opportunity at 20 N. Farview Ave in Paramus, New Jersey. This property presents a rare offering with a legal four-family residence situated on an expansive parcel of approximately 46,000 square feet, exceeding one acre. The significant land size provides outstanding potential for developers, builders, investors, or end-users seeking a premier location within one of Bergen County's most sought-after communities. The existing structure offers immediate income-generating possibilities while future plans are considered.
The current configuration includes a four-family dwelling along with a detached carriage house, contributing to the property's income potential. This offering is ideally positioned in an area surrounded by high-end homes, offering convenient access to major highways, shopping centers, parks, and highly-rated schools. Opportunities of this scale and caliber are infrequently available in the Paramus market, making this a noteworthy prospect.
The property features a total of 7 bedrooms and 4.5 bathrooms across its units. The building itself encompasses 3,091 total square feet of living space, built in 1904. Parking is ample, with 12 parking spaces available, including one garage space. The property benefits from public water and public sewer utilities. Heating is described as 'See Remarks,' with Gas-Natural as a fuel type, and cooling is provided by Wall A/C Unit(s).
This unique offering is suitable for those looking to redevelop the substantial land parcel, expand an existing investment portfolio, or secure a significant property with exceptional long-term appreciation potential. The property's location in Paramus, NJ, combined with its considerable land area and existing income-generating units, presents a truly one-of-a-kind opportunity for discerning buyers.
EXP REALTY, LLC
EXP REALTY, LLC
Explore other available Residential properties in Paramus
Get to know Paramus better: town history, local resources and the latest community news.
Explore other towns in Bergen County.
Fill out the quick form, and we’ll connect you with a local expert who specializes in your area and property type.
Local Market Expertise
Personalized Guidance
Fast & Friendly Response
Enter your email address and we will send you a link to change your password.