For Sale
$3,000,000

571-577 New York AveLyndhurst, NJ 07071

30,000 sq ft, prime location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 30,253 square foot development site, located at 571-577 New York Avenue in Lyndhurst, New Jersey, presents a compelling investment opportunity. Zoned RB, this property offers significant potential for both commercial and residential development. Its prime location near the Kingsland Train Station provides convenient access to major transportation routes, including NYC-bound trains, buses, and highways. The site's proximity to local amenities, such as a nearby ShopRite, further enhances its appeal. Given the current demand for affordable housing in New Jersey, this site is ideally suited for a multi-family residential project, potentially accommodating 40-60 units or six two-family homes, subject to necessary approvals. The strong demographics of Lyndhurst and its vibrant community make this a highly attractive location for new residents. This undeveloped land presents a rare chance to capitalize on the growing need for housing in a thriving New Jersey market. The asking price for this significant property is $3,000,000. This is a unique opportunity for developers and investors seeking a high-potential project in a desirable location. The property is privately owned.

Highlights

  • 30,000+/- SF development site in Lyndhurst, NJ.
  • RB zoning allows for commercial and residential development.
  • Prime location near Kingsland Train Station and ShopRite.
  • Potential for multi-family residential (40-60 units) or six two-family homes (subject to approvals).
  • $3,000,000 asking price.

Property Details for 571-577 New York Ave

Property type
Land

Location Insight

City
Lyndhurst
County
Bergen
State
New Jersey
Latitude
40.8126125
Longitude
-74.1173756
571-577 New York Ave, Lyndhurst, New Jersey

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571-577 New York Ave
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