How much do builders pay for teardowns in Englewood Cliffs, NJ?

Since 2019, builders bought 26 older homes and lots in Englewood Cliffs that were later rebuilt, paying a median of $1,087,500, based on State of New Jersey deed records.

What do new homes on teardown lots sell for in Englewood Cliffs, NJ?

Of those lots, 8 new homes have resold so far at a median of $3,800,000, typically about 24 months after the builder bought the lot.

Bergen County, New Jersey

Land and teardowns in Englewood Cliffs, NJ.

What builders actually paid for older homes and lots in Englewood Cliffs, what the new homes on those lots sold for, and land for sale right now.

Englewood Cliffs Teardown Report

What builders paid.

Lots in Englewood Cliffs where a builder bought an older home or a lot and a new house went up, purchases from 2019 on.

26lots bought by builderssince 2019, later rebuilt

$1.09Mmedian price builders paidfor the older home or lot

$3.8Mmedian new home price8 of those new homes resold so far

24 mopurchase to new home saletypical time on those projects

The typical new home on those lots later sold for $3.8M, about $2.68M more than the builder paid for the lot, usually about 24 months later. That difference is not profit: demolition, construction, permits and carrying costs all come out of it.

Own an older home or a large lot here? Find out what a builder would pay for yours →

Source: NJ Division of Taxation deed records (SR1A) 2019 to June 2026 matched to state parcel records (NJGIN MOD-IV) showing a house built 2019 or later on the same lot. Purchases after 2023 mostly have not been rebuilt yet, so recent years undercount.

Before You Decide

Know what your Englewood Cliffs lot allows.

Englewood Cliffs market reportEvery home sold, median prices and the agent who knows the town.Land and teardowns in Englewood CliffsWhat builders paid for older homes, and lots for sale now.What can you build on your lot?Enter an address: zoning, lot size and roughly how big a new home could be.

Written and reviewed by

Daren Donofrio

REALTOR-Associate, Builders Resource Center at Corcoran Sawyer Smith. Works with owners and builders in Englewood Cliffs. Numbers updated September 2026.

About Daren · (814) 574-8629