Proposed Residential Development | Englewood, NJ

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.Located in RE zoning within an NC overlay zone, the property is positioned for a developer or builder seeking a small-scale residential project in a developing Englewood corridor. Area residential trends suggest potential new construction townhouse values of approximately $400–$420 per SF, subject to final approvals, design, finishes, and market conditions.