$3,000,000

571 New York Ave Lyndhurst, NJ 07071

Estimated payment $21,007/month

Total Views 98,222
0 Acre
-- Price per Acre
0 Sq Ft Lot

About This Lot

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!

Listing Agent

Chopper Russo

RE/MAX SELECT - Oakland Brokerage Phone: (201) 240-5200 Listed on: 04/24/2024

RE/MAX SELECT - Oakland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60,278

Listing and Financial Details

  • Legal Lot and Block 31,32,33 / 00023

Property Details

Property Type

Land

Est. Annual Taxes

$60,278

Lot Details

0

Listing Details

  • Property Type: Land
  • Attribution Contact: (201) 240-5200
  • Co List Office Phone: 201-337-5555
  • MLS Status: Active - Active
  • Directions: Ridge Rd to NY Ave
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: Cleared,Graded Flat,Subdividable

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 60278.0
  • Tax Block: 00023
  • Tax Lot: 31,32,33

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,571 $415,400 $415,300 $100
2024 $8,664 $410,900 $410,800 $100
2023 $15,860 $426,400 $407,800 $18,600
2022 $15,860 $500,000 $500,000 $0
2021 $15,200 $500,000 $500,000 $0
2020 $14,870 $500,000 $500,000 $0
2019 $14,760 $500,000 $500,000 $0
2018 $14,880 $500,000 $500,000 $0
2017 $14,505 $500,000 $500,000 $0
2016 $14,180 $500,000 $500,000 $0
2015 $13,735 $500,000 $500,000 $0
2014 $13,555 $500,000 $500,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 For Sale $3,000,000 0.0% --
07/15/2024 07/15/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $3,000,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed -- First American Title
Quit Claim Deed $100 --
Source: Public Records

About the Listing Agent

Chopper Russo

RE/MAX SELECT - Oakland

(201) 548-9535

Section Image

Thomas “Chopper” Russo and his award-winning RE/MAX SELECT team have helped over 1,500 clients buy, sell, and lease homes across Northern New Jersey. Trusted for their compassion, expertise, and relentless client advocacy, the Chopper Russo Team ranks among the top-performing real estate groups locally, nationally, and globally.

Ranked #2 in NJ, #20 in the USA, and #78 worldwide by Real Trends/WSJ

Master Certified Negotiation Experts (MCNE) – the only full team in NJ

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Source: New Jersey MLS

MLS Number: 24012217

New Jersey MLS

APN: 32-00023-0000-00033