571 577 New York Ave, Lyndhurst Twp., NJ

$3,000,000

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0.69

Acres

About 571 577 New York Ave

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!

Features of 571 577 New York Ave

MLS® # 3897956
Price $3,000,000
Acres 0.69
Type Land
Status Active

Community Information

Address 571 577 New York Ave
City Lyndhurst Twp.
County Bergen
State NJ
Zip Code 07071-1506

Additional Information

Date Listed April 24th, 2024
Days on Market 26
HOA Fees 0.00

Listing Details

OfficeRE/MAX SELECT
Office Contact201-337-5555

Listing Map

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