5 months on rocket

571577 New York Ave, Lyndhurst Twp, NJ, 07071

$3,000,000

0.69 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #3897956
Lot Size0.69 Acres
StatusActive

About 571577 New York Ave

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!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (201) 337-5555

Lot Features

Lot Information:

  • Lot Size: 0.69 Acres

Other

Directions Information:

  • Directions: Ridge Rd to NY Ave

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 Township, NJ.

Med. Sold Price

$970K

Avg. Days On Market

63

# of Sold Homes

3

571577 New York Ave vs Lyndhurst Township

165 DAYS ON ROCKET

+102 Days

$3,000,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Lyndhurst Township, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #3897956

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (201) 337-5555

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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, 2:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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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.

Nearby Schools

school-card-donut-3521563
6
/10
  • Jefferson School

  • 336 Lake Ave

  • 0.69 miles

  • Public District Grades 3-5

school-card-donut-3521564
6
/10
  • Roosevelt School

  • 530 Stuyvesant Ave

  • 0.98 miles

  • Public District Grades 3-5

school-card-donut-3521565
7
/10
  • Roosevelt Elementary School

  • 50 Webster St

  • 1.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,811. Typical income of Lyndhurst Township, NJ residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 571577 New York Ave

What is the listing price of this property?

The listing price of 571577 New York Ave property is $3,000,000.

What type of property is this?

The property 571577 New York Ave is land located in Lyndhurst Twp, New Jersey, 07071.

Is this property for sale now?

Active Listing: 571577 New York Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 571577 New York Ave is 0.69 acres.
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Rocket HomesNew JerseyBergen CountyLyndhurst Township07071571577 New York Ave

This home is located at 571577 New York Ave in Lyndhurst Twp, NJ and zip code 07071. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $3,000,000.

Over 0 listings were sold over their listed price in November 2024 in Lyndhurst Township, NJ. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Lyndhurst Township, NJ decreased by 7.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $970,000, while the average time on the real estate market was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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