571 577 New York Ave, Lyndhurst Twp, 07071

Active

571 577 New York Ave

Lyndhurst Twp, 07071

$3,000,000

$99.81 per sqft

Active

0.69 Acres

Land

Welcome to this 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!

3897956

MLSⓇ ID

April 24, 2024

Listed

November 22, 2024

Updated

Map

571 577 New York Ave
Lyndhurst Twp, 07071

Exterior/Building Features

Lot Size: 0.69 Acres

Other Property Details

Taxes: $36,478
Tax Frequency: Annually
Days on Market: 182
Garage: No
View: No
County: Bergen
Pool: No
Zoning: See Remarks

Listing History

Date	Event	Price
10/23/2024	Active	—
7/22/2024	Pending	—

Courtesy of RE/MAX SELECT with THOMAS RUSSO,
Listing Contact:

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