$5,000,000
120 Ravine Avenue, Wyckoff, NJ, 07481
MLS# 25040651
0.708 acres (30,820 sqft)
Lot Size
1975
Year Built
Land — Residntl
Property Type
Description
Rare opportunity to build 10-12 new homes in new subdivision in bucolic Wyckoff, NJ. (See attached sketches). Final development proposal must meet Mt. Laurel affordable housing requirement. Town ordinance has already been approved deliniating the zoning requirements. (See attached). Gently sloping lot. Purchaser to submit plan for final approval to town, construct road and install utilities. Improved building costs must have a minimum lot size of 7,000 square feet and a maximum building height of 2.5 stories (35 feet). This listing incorporates Block 483 Lots 38.01 and 46. Development will require road construction and running utilities up the new road. Part of the property is wooded, part is paved. One existing home on property could potentially be renovated. Small part of lot has a seasonal stream. Building envelopes not in flood plain.
Tax & Financial Information
| Annual Property Taxes | $12,663 (NJ Public Records) |
| Tax Assessment | $649,400 |
| Land Assessment | $417,100 |
| Listed | November 15, 2025 |
Listing Information
Listing Office: RE/MAX SELECT - Franklin Lakes — 201-891-0300
Listing Agent: Mark Perry — (201) 370-1714 — marksperry@verizon.net
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 5/11/2026.
Total Monthly Cost
$33,249/mo
NJ has the highest property taxes in the US. This is your real cost.
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
Wyckoff
NJ Transit Bus 196
Ridgewood Station
~3 mi from town center
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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