Land For Sale in Demarest, NJ
MLS# : 24036223
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 49 Knickerbocker Road, an exceptional chance to build your dream home or secure a high-potential investment in one of Northern New Jersey's most sought-after towns. Demarest is celebrated for its top-rated schools, serene neighborhoods, vibrant community, and easy access to NYC, making this an unbeatable choice for households and investors alike. This expansive lot currently hosts a 1,400 sq. ft. single-family home and comes with approved plans to transform it into a luxurious five-bedroom, three-and-a-half-bath residence with over 3,400 sq. ft., a two-car garage, circular driveway, and a spacious yard. With an estimated finished value of nearly $2 million, the property is priced to provide significant built-in equity for the buyer, whether they are an investor, builder, or homeowner. Construction can be completed by the end of summer 2025 ideal for settling in just before the school year begins.
Current Zoning & Permited Use
- Residntl
- Sngl Fam
This listing is a courtesy of Realmart Realty, LLC
(732) 727-2285 office, listing agent Qizhan Yao
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Demarest, NJ Real Estate Market
Demarest is named after one of the most prominent families of the town, the Demarest family. One of the family members, Ralph S. Demarest, served as the director of the Northern Railroad of New Jersey. He has represented the area in the New Jersey General Assembly and New Jersey Senate during the 19th century. Demarest is spread over an area of 2.08 square miles and shares its borders with other municipalities of Bergen County, such as Alpine, Cresskill, Closter, Haworth and Dumont.
The small size and population of Demarest mean that not much development has happened in this part of the Bergen County real estate. At the centre of the town, there is a Duck Pond, a part of Tenakill Brook. Demarest has many small-sized houses across its prominent lanes and has a few places of interest, such as Demarest Nature Center, Demarest Park, Demarest Free Public Library and Demarest Farms.
| Population: | 4,881 |
| Total Housing Units: | 1,659 |
| Single Family Homes: | 1,636 |
| General Tax Rate (2023): | 2.918% |
| Effective Tax Rate (2023): | 2.025% |
| Compare To Other Towns |
Demarest Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,314,875 |
| Homes Sold* (12mo): | 59 |
SINGLE FAMILY HOME SALES
Demarest, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.918% |
| Effective Tax Rate (2023): | 2.025% |
Similar Listings in Demarest
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 Madison Adams 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.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 11/19/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
