Real Estate
Vacant Lot Sells for $5M, Breaks Bergen County Record
The 2-acre lot was recently sold in Alpine, report said.
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.
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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.
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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.
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