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31 MAPLE STREET Paramus, New Jersey

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31 MAPLE STREET Paramus, New Jersey RESIDENTIAL DEVELOPMENT OPPORTUNITY 1 OR 2 FAMILY RESIDENTIAL DEVELOPMENT SITE OFFERING MEMORANDUM 31 MAPLE STREET Paramus, New Jersey PRICE REDUCTION - $450,000 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM TABLE OF CONTENTS EXECUTIVE SUMMARY .......................................3 MARKET OVERVIEW ..........................................4 REGIONAL MAP ................................................5 LOCATION & TAX MAP ......................................6 TAX MAP .......................................................... 7 ZONING INFORMATION .....................................8 SITE PHOTOS ...................................................9 DEMOGRAPHICS ............................................ 10 | 2 | 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM EXECUTIVE SUMMARY RIPCO REAL ESTATE has been retained on an exclusive PROPERTY SUMMARY basis to arrange for the sale of 31 MAPLE STREET — in Paramus, NJ. THE OFFERING 31 Maple Street Located at the end of a cul de sac, 31 Maple Street is Property Address Paramus, NJ 07652 approximately a quarter acre of land which is zoned R-2F, Block 601 which permits two-family residential development. The Lot 7 land description is approx. 116’ wide by 80’ deep. The Lot Dimensions 116 FT x 80 FT (approx) property is centrally located just off South Fairview Avenue with easy access via Spring Valley Avenue to Bergen Zoning R-2F Towne Center shopping (Whole Foods, Marshall’s) and Lot Size ± .25 acre Route 4 to the George Washington Bridge to NYC. Taxes $4,102.34 (2020) SALES PRICE PRICE $450,000 | 3 | 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM MARKET OVERVIEW PARAMUS is a borough in Bergen County, NJ. A suburb of New York City, Paramus is located 15 to 20 miles northwest of Midtown Manhattan and approximately 8 miles west of Upper Manhattan, about 15 minutes from the George Washington Bridge. And The Garden State Parkway, running SADDLE RIVER COUNTY PARK north/south, will take you anywhere in the state, PARAMUS PARK MALL including the Jersey Shore. The Wall Street Journal characterized Paramus as “quintessentially suburban.” Family oriented with terrific amenities, Paramus is known for excellent schools and has an an “A” rating from Niche. Paramus also offers a number of bucolic parks from Saddle Brook-Dunkerhook Park to VAN SAUN COUNTY PARK Van Saun Park with trails, ball fields, and even a zoo. Paramus is also the shopping hub of Bergen County with easy access to multiple malls and shopping centers. All-in-all, Paramus is a great place to live. EASTON TOWER, | 4 | SADDLE RIVER COUNTY PARK 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM REGIONAL MAP 5 MILE RADIUS 3 MILE RADIUS 31 MAPLE ST 2 MILE RADIUS PARAMUS 1 MILE RADIUS N | 5 | 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM LOCATION AND TAX MAP 2 MILE RADIUS BLOCK: 601 LOT: 7 The subject property is located on the north side of Maple Street, 1 MILE RADIUS across from West Spring Valley Avenue, just off of Fairview Ave. 31 MAPLE ST PARAMUS MAPLE ST NORTH FAIRVIEW AVENUE NEW FAIRVIEW AVENUE N | 6 | 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM TAX MAP Monday, June 28, 2021 Property Map NORTH FAIRVIEW AVENUE 31 MAPLE ST PARAMUS N | 7 | Page | 1 ZONING 429 Attachment 2 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM ZONING INFORMATION R-2F districts, (Two-Unit Residential) Zoning District. The R-2 Zoning District is intended to provide for areas appropriate for a maximum of two residential dwelling units (i.e., duplexes) located on a single legal lot. R2 is a zone for land comprised mainly of low density housing where the planning objective is to protect the locality’s single dwelling 31 MAPLE ST character and landscape setting. PARAMUS 31 Maple Street is zoned R-2F. N | 8 | 429 Attachment 2:1 Supp 28, Sep 2019 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM SITE PHOTOS VIEWS FROM MAPLE STREET LOW-LEVEL AERIAL N | 9 | 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM DEMOGRAPHICS 1 MILE 2 MILES 3 MILES POPULATION 11,209 61,747 170,776 3 MILE RADIUS NUMBER OF 4,000 22,487 62,570 HOUSEHOLDS 2 MILE RADIUS AVERAGE HOUSEHOLD $147,491 $138,354 $126,655 INCOME MEDIAN 1 MILE RADIUS 31 MAPLE ST HOUSEHOLD $109,203 $138,354 $126,655 PARAMUS INCOME COLLEGE 3,778 22,233 57,174 GRADUATES 46.0% 49.2% 46.2% TOTAL 1,428 4,213 9,491 BUSINESSES TOTAL 18,488 48,962 107,019 EMPLOYEES DAYTIME 22,388 70,842 166,661 POPULATION | 10 | 31 MAPLE STREET, PARAMUS, NJ OFFERING MEMORANDUM DEMOGRAPHICS 3 MILE RADIUS 3 MILE RADIUS 2 MILE RADIUS 2 MILE RADIUS 31 MAPLE ST 31 MAPLE ST 1 MILE RADIUS PARAMUS 1 MILE RADIUS PARAMUS | 11 | RIPCO REAL ESTATE INVESTMENT SALES ADVISORY CONTACT EXCLUSIVE AGENTS Curtis Nassau [email protected] 201.777.2302 Patrick Brake [email protected] 201.777.2304 125 CHUBB AVENUE, SUITE 150 S, LYNDHURST, NEW JERSEY | RIPCONJ.COM This information has been secured from sources we believe to be reliable, but we make no representations as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies..
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