571-577 New York Avenue, Lyndhurst, NJ 07071
Land 
Built in —— 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 1 year ago
Property Description
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 Status:
- Active
- Date Added:
- April 24, 2024 at 05:00AM
- Listing Office:
- RE/MAX SELECT - Oakland : 201-337-5555
- Listing Agent:
- Thomas Russo : 201-240-5200
- MLS ID:
- 24012217
- Improvements: ClearedGraded FlatSubdividable
This listing courtesy of Thomas Russo, RE/MAX SELECT - Oakland
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Columbus School
640 Lake Ave, Lyndhurst, NJ, 07071
Grades KG-2
0.22 miles away
Lyndhurst Middle School
625 Page Ave, Lyndhurst, NJ, 07071
Grades 6-8
0.55 miles away
Lyndhurst High School
400 Weart Ave, Lyndhurst, NJ, 07071
Grades 9-12
0.53 miles away
