This property at 510 W Saddle River Rd in Ridgewood, NJ, presents a significant opportunity for development. Situated on a level lot of approximately 0.87 acres, it is one of the larger available parcels within Ridgewood. The land is zoned for single-family residential use and is described as cleared land in part, with clusters of large trees. Utilities are available, including electric and gas, with public sewer on the property and a well on site. The property is noted as being "building ready" with temporary pole for electric in the garage, and gas and sewer lines disconnected.
Constructed in 1910, the site offers a unique canvas for creating a custom residence. The surrounding area features million-dollar properties, indicating a prestigious neighborhood. The level topography of the lot provides flexibility for architectural design and landscaping. Opportunities of this size and caliber in such a premier location are described as extraordinarily rare, making it a notable prospect for discerning buyers or builders.
Further enhancing the property's potential, subdivision may be possible, subject to the necessary approvals from the Town Planning Board and other required municipal authorities. This presents an additional avenue for buyers, builders, or investors to explore the full scope of the property's value and utility. The lot description explicitly mentions "Possible Subdivision," underscoring this aspect.
The location offers a balance of privacy and convenience, being situated just minutes from Ridgewood's downtown area, which provides access to various amenities. Proximity to top-rated schools and train access further contributes to the desirability of this address. The property is located in Bergen County, within the Northeast Ridgewood neighborhood.
The existing structures on the property include a barn, and the total finished square footage is listed as 1,048 sq. ft. with 2.0 stories. The property is being offered for sale. The tax amount for 2025 is $11,334, with a tax rate of $2.89. The assessed land value is $348,500, and the assessed building value is $43,700, totaling $392,200.
KELLER WILLIAMS VALLEY REALTY
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