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Listed with Thomas Russo | 201-240-5200, RE/MAX SELECT - Oakland
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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!
| DAYS ON MARKET | 212 | LAST UPDATED | 10/23/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 0232 |
| COUNTY | BERGEN | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | 0232 |
|---|---|
| LOT | 0.69 acre(s) |
| LOT DESCRIPTION | Cleared, Level |
| TAXES | 60278 |
| ZONING | Residntl |
MORTGAGE CALCULATOR
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 11/22/24 8:24 AM PST Source: New Jersey Multiple Listing, Inc.
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