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

571 New York Ave Lyndhurst Twp., 07071

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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!

  • Property TypeLand
  • NeighborhoodN/A
  • CountyBergen
  • Taxes$36,478
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID Number3897956
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.69 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 0.69

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Monthly Payment (Est.)

$16,000
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