Land For Sale in Lyndhurst, NJ
MLS# : 24012217
PROPERTY DETAILS
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!
Current Zoning & Permited Use
- Residntl
- Other
This listing is a courtesy of RE/MAX SELECT - Oakland
(201) 337-5555 office, listing agent Thomas Russo
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Lyndhurst, NJ Real Estate Market
The town offers fine dining, fitness centers, parks, high-end salons, and many more attractions. For people that are interested in nature, Lyndhurst is also home to birding and wild life trails complete with natural habitats of all animals.
| Population: | 20,554 |
| Total Housing Units: | 8,787 |
| Single Family Homes: | 5,117 |
| General Tax Rate (2023): | 2.032% |
| Effective Tax Rate (2023): | 2.006% |
| Compare To Other Towns |
Lyndhurst Market Indicators
PRICE INDEX
| Average Price* (12mo): | $561,966 |
| Homes Sold* (12mo): | 53 |
SINGLE FAMILY HOME SALES
Lyndhurst, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.032% |
| Effective Tax Rate (2023): | 2.006% |
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 11/22/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
