Vacant Lot Sells for $5M, Breaks Bergen County Record

A 2-acre plot of land in Alpine has likely set a selling record, according to a NorthJersey.com report.

The land was recently sold for $5 million, which local realtors say is the highest price ever fetched for a residential building lot of that size in Bergen County, the report said.

The sale is not that far off from other home and land sales in Alpine, which ranked #8 on the most recent Forbes list of the priciest housing markets in the country, it said. The previous record for a two-acre single-family lot sold in Alpine was $4.5 million.

This lot, at 8 Stone Tower Drive, was sold by Jane Huang, who bought it in 2002 for $1.9 million, the report said. Huang works with her husband, an obstetrician/gynecologist in Englewood, it said.

According to the report, agents Dennis McCormack and Dolores McCormack of Prominent Properties Sotheby’s International Realty approached Huang on behalf of a client to purchase the lot. It was not on the market. The buyer has not been identified by name, the report said.

The site is one of the remaining few vacant lots in the Rio Vista neighborhood of Alpine, a development filled with multi-million dollar homes, the report said.