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!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX SELECT - Oakland
Office Phone: (201) 240-5200
Listing Agent: Thomas Russo
Exterior Features
Exterior Information:
Waterfront: None
Lot Features
Lot Information:
Lot: Cleared, Level, Split Possible
Price Information
Listing Price Info
Price Summary:
List Price: $3,000,000
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Housing Market Comparison
See how this home compares to others in Lyndhurst, NJ.
This property is $2.0M more than the Median Sold Price in Lyndhurst, NJ.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Number: #24012217
Listing Office:
Office Name: RE/MAX SELECT - Oakland
Office Phone: (201) 240-5200
Listing Agent: Thomas Russo
Disclaimer: 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 Rocket Homes Real Estate, LLC 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/3/2024, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Jefferson School
336 Lake Ave
Distance between this listing and this school0.73 miles
Public District Grades 3-5
6
/10
Roosevelt School
530 Stuyvesant Ave
Distance between this listing and this school0.98 miles
Public District Grades 3-5
7
/10
Roosevelt Elementary School
50 Webster St
Distance between this listing and this school1.06 miles
Public District Grades KG-5
Nearby Schools
9
/10
Pierrepont School
70 E Pierrepont Ave
Distance between this listing and this school0.83 miles
Public District Grades 4-6
6
/10
Union School
359 Union Ave
Distance between this listing and this school1.89 miles
Public District Grades 7-8
8
/10
Alfred S. Faust School
100 Uhland St
Distance between this listing and this school1.92 miles
Public District Grades 5-8
Nearby Schools
4
/10
Lyndhurst High School
400 Weart Ave
Distance between this listing and this school0.76 miles
Public District Grades 9-12
5
/10
Rutherford High School
56 Elliott Pl
Distance between this listing and this school1.36 miles
Public District Grades 9-12
4
/10
North Arlington High School
222 Ridge Rd
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $69,129. Typical income of Lyndhurst, NJ residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 571-577 New York Ave
What is the listing price of this property?
The listing price of 571-577 New York Ave property is $3,000,000.
What type of property is this?
The property 571-577 New York Ave is land located in Lyndhurst, New Jersey, 07071.
Is this property for sale now?
Active Listing: 571-577 New York Ave is For Sale (Active/New) which means the seller is accepting offers.
Interested in 571-577 New York Ave? Let's connect.
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This home is located at 571-577 New York Ave in Lyndhurst, NJ and zip code 07071. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $3,000,000.
Lyndhurst, NJ housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The number of listings in Lyndhurst, NJ decreased by 7.1% between October 2024 and November 2024. In November 2024 median list price was $970,000 and the average listing age was 63 days.
From Rocket Homes Real Estate and based on county public records data.
Men's Tennis
Men's Tennis
Hiking/backpacking
Nordstrom Rack
Crate & Barrel
Bloomingdales
The Cheesecake Factory
Starbucks
Boston Market
Volvo
BMW
Audi
News
Alternative
Jazz