225 Paramus Road

This property is approximately 1.9 acres, zoned R125, with one home with a 600 ft backyard (see Survey in the ad). There are many more appropriate uses that could be created on this property with a more logical and useful zone considering the negative impact by the Commercial zone (H1C) that Ridgewood created for development of the 2 adjacent properties on Route 17 South and a commercial use variance given across Paramus Road, which left this property for the most part almost completely surrounded by Commercial activity. Some of the potential and more appropriate uses for this property other than R125 As-Of-Right uses and conditional uses (which include community residences and group homes), are (with required rezoning or with use variances approved by the Village of Ridgewood), 18 to 20 townhomes or age restricted townhomes, 45 to 50 apartments or age restricted apartments , mixed uses, assisted living facilities, nursing homes and transitional zoning uses . Another important and feasible use could be the NJ State Affordable Housing (considering the New Jersey State Fair Share Housing mandates, criteria, and requirements). The Village of Ridgewood Zones (AH-2 Affordable Housing District (190-18.3)) or (AH-3 Affordable Housing District (190-18.6) zones that exist today seem to be applicable and achievable zones for this property. If you are a serious developer or investor who would want to make an offer or have interest in this property and would like to discuss potential uses and terms that might be acceptable to us based on the proposed use, consideration, and terms that you are considering, please contact us at the following email address ParamusRoad225@Hotmail.com with your name, company name and contact information. Also please describe in some reasonable detail the use you would like to have or have us consider in your email. If you are a real estate agent, we would be willing to pay a 3.0 percent commission to a Buyer Agent with an acceptable contract that would be paid when the property is fully closed. We prefer that you contact us by email with your offers or ideas for our consideration. Phone calls, messages or emails trying to obtain a Listing on the property or without an actual potential buyer will not be returned. We will contact you by email or phone after we receive your information if it is something we want to discuss further or if we have questions about your proposal.