Design, Build, Profit | x2 | 2-Family Ready Lots in Englewood’s Hottest Pocket

192 W Englewood Ave Englewood, NJ 07631

192 W Englewood Ave, Englewood, NJ, 07631
Birds Eye View of Site
192 W Englewood Ave, Englewood, NJ, 07631 192 W Englewood Ave, Englewood, NJ, 07631 192 W Englewood Ave, Englewood, NJ, 07631 192 W Englewood Ave, Englewood, NJ, 07631
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$750,000
Last Verified:
Nov 14, 2025

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Highlights

  • Potential (4+) Unit Multifamily development
  • Lots of Other Current and Future Developments Around Subject Property
  • Design, Build, Profit with these two 2-family houses
  • Laundry In-Unit
  • 2 Garage Parking Spaces for Each Unit + 2 Outdoor Spaces

Description

The Bruce Elia Team presents an opportunity to purchase a development lot in Englewood, where a buyer can potentially go for the plans to build (4+) Unit Multifamily Investment located in an up and coming area of Englewood with lots of developments around, and overflow from downtown's thriving new construction and street retail.

Englewood is home to the prestigious Englewood Hospital and provides easy access to major highways and convenient New York City Transportation, as well as a large of variety of dining and shopping options for its residents. Englewood has a very strong shopping district within walking distance of this project.

Contemporary Englewood:

At present Englewood is a sophisticated city which combines much of its historic grace and charm with an exciting cosmopolitan atmosphere. It has many contrasts - between elaborate Victorian mansions and modern low-rise condominiums, between quiet tree-lined residential neighborhoods and the bustling central business district, between large estates and affordable apartments. Its proximity to New York City continues to be a significant feature, but it also has a vital and distinctive character of its own, forged from the richly heterogeneous backgrounds, interests and talents of its citizens.

Englewood's population is far more diverse than that of most suburbs, including many of its Bergen County neighbors. Occupations range from highly paid professionals to unskilled trades. Due to the proximity of New York hospitals and the ever-expanding Englewood Hospital and Medical Center, doctors abound. There are also many lawyers, business men and women, engineers and professors, as well as a number of artists, musicians, and entertainment and sports figures. One of many distinguished residents was Dizzy Gillespie, after whom a downtown area is named.


Year Built: 2020
Building Size: 10000sq ft
Lot Size: 0.15 acres


Documents

Offering Memorandum

Map of 192 W Englewood Ave, Englewood, NJ, 07631

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.