2 Meyer Street, Elmwood Park, NJ, 07407 — Photo 1

$5,000,000

2 Meyer Street, Elmwood Park, NJ, 07407

MLS# 26005426

Under Contract251d on marketPrice Reduced 14%

Land — Residntl

Property Type

Description

58 Unit approved site with 93 parking spaces on 1.04 acres. Building plans are approved with building permit in place. No additional approvals required. 50-1 bedroom apartment, 8- 2 bedroom units. Includes 9 affordable units (8 1 bedroom & 1 -2 bedroom). 93 parking spaces- includes 67 "covered spots". NJDOT, Stormwater Authorization, Soil Erosion all approved Percolation and soil boring report as well as building and site plans are available for review. Construction can begin immediately. Pro forma and unit breakdown are available for review. No wetlands, Not in Flood Zone.

Tax & Financial Information

Annual Property Taxes$35,000
Original List Price$5,800,000
ListedFebruary 18, 2026

Listing Information

Listing Office: Coccia Realty Better Homes & Gardens — 201-997-7000

Listing Agent: Jan Kwapniewski — 201-424-7755 — CocciaBroker@gmail.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 9/16/2026.

Total Monthly Cost

$35,111/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$25,944
Property Taxes$2,917
Homeowner Insurance$2,083
Est. Maintenance$4,167
!Flood insurance may apply. Check FEMA flood maps for this property.
Total$35,111

Down: $1,000,000 | Loan: $4,000,000

Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.

Commute From This Home

Elmwood Park

🚂
Transit to NYC Penn

NJ Transit Bus 144

40 min
🚗
Drive to NYC (Midtown)
30 min
🚗
Drive to Hoboken/JC
18 min
🚗
Drive to Newark
18 min
🚉

Broadway (Fair Lawn)

~2 mi from town center

Monthly Pass(Zone 4)$170/mo

Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.

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Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462

Real Estate Agent: Julio Reynoso

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