Englewood, New Jersey, is known for its suburban charm and proximity to New York City.
It is well connected to major highways and transportation routes such as National Route 4 and Palisades Parkway, making transporting goods and accessibility to nearby cities convenient.
In terms of business feasibility, as the density of multi-family homes increases in Englewood, Lomon Construction Company, which has two buildings located within the building, purchased the building right next to this property for $2.5 million four years ago and quickly received approval as it was not a residential facility, building a self-service Cube Smart facility. An example was built as storage and sold for $15M. Therefore, it is an item with very high marketability and development potential.