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Patric Santo Pietro

[email protected] +1(732) 570-5442

Listed by Thomas Russo RE/MAX SELECT - Oakland

$ 3,000,000

Est. payment -/mo

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571-577 New York Lyndhurst, NJ 07071

UPDATED:

01/03/2025 04:22 AM

Key Details

Property Type Vacant Land

Sub Type Residntl

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24012217

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!

Location

State NJ

County Bergen

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

571-577 New York Lyndhurst, NJ 07071

Key Details

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571-577 New York