571-577 New York Avenue
Lyndhurst, NJ 07071

$3,000,000

Type: Lots / Land
Listing #24012217
Welcome to 571-577 New York Ave, an exceptional development site situated in the heart of Lyndhurst, NJ. With its favorable RB zoning, expansive lot size of approximately 30,000 square feet, and close proximity to the Kingsland Train Station, this property presents an outstanding opportunity for forward-thinking investors and developers. The property, currently undeveloped, offers immense potential for the creation of affordable housing units a particularly attractive prospect given New Jersey's new affordable housing laws. With the ability to accommodate an estimated 40-60 units or 6 two-family homes, this site aligns perfectly with the state's commitment to expanding access to affordable housing options. Strategically positioned near the Kingsland Train Station, commuting residents will enjoy seamless access to major transportation routes, including NYC-bound trains, buses, and highways. Many opportunities available!

Listing Courtesy of Thomas Russo, RE/MAX SELECT - Oakland - (201) 337-5555

Property Features
Location Information
County: BERGEN
Exterior Features
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Improvements: Cleared, Graded Flat, Subdividable
Additional Information
Property Type: LL
Tax Amount: $60,278


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Source: New Jersey Multiple Listing Service, Inc.

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NJMLS (New Jersey) data last updated at November 24, 2024 11:45 PM ET