10 days on rocket

571-577 New York Ave, Lyndhurst, NJ, 07071

$3,000,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
WaterfrontNone
MLS #24012217
StatusActive
(ACTIVE)

About 571-577 New York Ave

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
  • 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.

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Lyndhurst, NJ

City

Med. List Price

$549.9K

Med. Price/SqFt

$380

Avg. Days On Market

35

# of Sold Homes

2

571-577 New York Ave vs Lyndhurst

10 DAYS ON ROCKET

-25 Days

$3,000,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median List Price in Lyndhurst, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24012217

Listing Office:

  • Office Name: RE/MAX SELECT - Oakland
  • Listing Agent: Thomas Russo

IDXDisclaimer: 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.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 7:20:35 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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Payment Calculator

$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-6105492
4
/10

  • Roosevelt Elementary School

  • 50 Webster St

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-6105493
10
/10

  • Lincoln School

  • 414 Montross Ave

  • 1.25 miles

  • Public District Grades KG-3

school-card-donut-6105494
5
/10

  • Washington Elementary School

  • 175 Albert St

  • 1.56 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,129. The majority of Lyndhurst, NJ residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

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.
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Rocket Homes›New Jersey›Bergen County›Lyndhurst›07071›571-577 New York Ave

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.

The inventory of homes for sale in Lyndhurst, NJ between March 2024 and April 2024 increased by 136.4%. Listings spent 35 days on the market in April 2024, and had a median list price of $549,947 during the same period.

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

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