Twitter
Facebook
Email|
Listed with Fred Sokolich | 201-741-3000, Sokolich Real Estate
|
**FULLY APPROVED & ACTIVE MULTIFAMILY DEVELOPMENT SITE** 823 Anderson Avenue presents a rare opportunity to acquire a fully approved and active multifamily redevelopment site in one of Bergen County’s strongest rental markets. The offering includes an existing income-producing two-family residence together with active Planning Board approvals for the construction of a six-unit multifamily residential development. The approved project consists of six 2-bedroom, 2-bathroom residential units, including one affordable housing unit, within an attractive three-story building featuring integrated garage parking with projected market rents of approximately $4,500/month for market-rate units (affordable allowable rent approx. $2,800/month). Situated on an oversized 7,606 SF corner lot with approximately 89 feet of frontage, the property offers a rare combination of: • Active development approvals • Strong projected rental income (Projected gross annual income approximately $303,600) • Existing cash flow during pre-construction planning • Significant parking capacity • Prime NYC commuter location Documentation Included with the Sale: • Fully Approved Borough Planning Board Resolution • Architectural Plans • Site Plans • Property Survey Seller is a licensed NJ Real Estate Broker. For more information, contact listing agent at 201-664-4444.
| DAYS ON MARKET | 63 | LAST UPDATED | 9/23/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 200 |
| COUNTY | BERGEN | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to Sep 2, '26 | $2,000,000 |
|---|---|
| Sep 2, '26 - Sep 23, '26 | $1,900,000 |
| Sep 23, '26 - Today | $1,850,000 |
| ADDITIONAL DETAILS | |
| AREA | 200 |
|---|---|
| LOT DESCRIPTION | Cleared |
| TAXES | 14000 |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Josh
Baris to contact you even if your name is on a Federal or State
"Do not call List".
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 10/14/26 6:32 AM PDT Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
