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Patric Santo Pietro

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

$ 3,000,000

Est. payment -/mo

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Under Contract

571 577 New York Ave Lyndhurst Twp., NJ 07071

0.69 Acres Lot

UPDATED:

10/07/2024 12:25 PM

Key Details

Property Type Vacant Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3897956

HOA Y/N No

Annual Tax Amount $36,478

Tax Year 1950

Lot Size 0.690 Acres

Property Description

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!

Location

State NJ

County Bergen

Building

Sewer Public Sewer in Street

Water Public Water in Street

Others

Senior Community No

Listed by RE/MAX SELECT

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

Patric Santo Pietro

571 577 New York Ave Lyndhurst Twp., NJ 07071

Key Details

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571 577 New York Ave