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CONFIDENTIAL | FOR QUALIFIED PROSPECTS ONLY

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NORTH BERGEN MULTIFAMILY
DEVELOPMENT OPPORTUNITY

Approved 307-Unit Residential Program
North Bergen, New Jersey

KEY METRICS
307

APPROVED RESIDENTIAL UNITS

14

APPROVED STORIES

386

APPROVED PARKING SPACES

±2.99 AC

DEVELOPMENT SITE

OPPORTUNITY OVERVIEW

A significant approved multifamily-development opportunity in North Bergen, New Jersey. The approximately 2.99-acre development parcel has received preliminary and final site-plan approval for a 307-unit residential building with a defined unit mix and substantial parking program.

The opportunity offers approved development scale in a highly connected Northern New Jersey market near New York City.

Aerial view — Northern New Jersey development market

APPROVED RESIDENTIAL PROGRAM

307 Total Approved Units

199

ONE-BEDROOM UNITS

64.8% of approved units

108

TWO-BEDROOM UNITS

35.2% of approved units

BUILDING & PARKING PROGRAM

  • Approved 14-story multifamily building
  • 12 residential stories over three parking levels
  • 386 total approved parking spaces
  • 349 spaces within the building
  • 37 exterior spaces
  • Approximately 130,244 square feet of land

Northern New Jersey — proximate to the New York City metropolitan market

DEVELOPMENT HIGHLIGHTS

Preliminary and final site-plan approval

307-unit approved residential program

Defined one- and two-bedroom unit mix

Approved high-density multifamily design

Substantial structured and exterior parking

Approximately 2.99-acre development parcel

Northern New Jersey location near New York City

EXPLORE THE OPPORTUNITY

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Qualified developers and investors are invited to request additional information and available diligence materials.

Detailed property identification will be provided through the controlled confidentiality process.

CONTACT

Eddie Salinas

TES Realty Group

Phone: 201-905-1114

Email: esalinas@tesrealtygroup.com

CONFIDENTIAL — FOR QUALIFIED PROSPECTS ONLY

This material is provided solely for preliminary discussion and does not constitute an offer, representation, warranty or commitment. Information has been obtained from sources believed reliable but is subject to independent verification. Development approvals, plans, dimensions and other property information should be independently reviewed by prospective purchasers and their professional advisers. Property identification and additional diligence materials are subject to the applicable confidentiality process.


© TES Realty Group | North Bergen Multifamily Development Opportunity