571-577 New York Avenue Lyndhurst, NJ $ 3,000,000
571-577 New York Avenue
$ 3,000,000
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571-577 New York Avenue

Lyndhurst, NJ, 07071
$ 3,000,000
Baths0.0

Monthly Estimate*

$ 19,939

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Studio

Lots and Land for sale in Lyndhurst, NJ

for $3,000,000.

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!

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Lots and Land Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 60,278

Style

Town/City

Lyndhurst

County/Region

Bergen

MLS | Web ID

24012217

Features
Exterior
Waterfront None
Improvements Cleared Graded Flat Subdividable
Flood Plain None
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General
Area 0232
Zone Residntl
Status ACTIVE
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* Excluded Features

Affordability Calculator

$24,962
Per Month
80%
20%
0%
Monthly Principal & Interest
$19,939
Monthly Property Taxes
$5,023
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$3,000,000 Listed Price

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571-577 New York Avenue, Lyndhurst, NJ, 07071 is a Lots and Land for sale at $3,000,000. 571-577 New York Avenue is a studio with 0.0 baths. The property's zip code is 07071 which is in Lyndhurst, NJ