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
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% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
