$3,000,000
Active
35 Days Online
0 Beds0 Baths0 SQFT
Active

571-577 New York Avenue Lyndhurst, NJ 07071

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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!

  • Property TypeLand
  • NeighborhoodN/A
  • CountyBergen
  • Taxes$36,478
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number24012217
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Basement undefined
  • Zoning Residntl

Exterior Features

  • Waterfront Property No
  • Waterfront Features None

Community Features

  • MLS Area Lyndhurst

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Monthly Payment (Est.)

$15,871
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