Land For Sale in Demarest, NJ
MLS# : 24036223
PROPERTY DETAILS
PROPERTY DESCRIPTION
Outstanding new construction opportunity in the highly desirable town of Demarest. This shovel-ready property includes approved plans to expand the existing 1,400 sq. ft. home into a luxury 5-bedroom, 3.5-bath residence with over 3,400 sq. ft. of living space, a two-car garage, driveway, and a spacious yard. The completed home is projected to be worth nearly $2 million, offering substantial built-in equity. Creative financing available: Seller will offer up to 100% financing of construction costs and up to 85% of the total project cost, including the purchase price. For qualified buyers, seller may also consider carrying a portion of the purchase price. Approved architectural plans and survey available upon request. Ideal for builders, investors, or end-users seeking a custom home opportunity in a top school district with strong long-term value. Plans are approved and construction can begin immediately.
Current Zoning & Permited Use
- 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): | $1,398,793 |
| Homes Sold* (12mo): | 65 |
SINGLE FAMILY HOME SALES
Demarest, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.918% |
| Effective Tax Rate (2023): | 2.025% |
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: 03/31/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2025 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
