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- LoopNet Team
640-644 Ridge Rd
Lyndhurst, NJ 07071
Land For Sale
·
0.22 AC

Property Facts
Description
The Thurston Group at Marcus & Millichap is pleased to present 640-646 Ridge Road, Lyndhurst – a 9,718 square foot lot, prime for mixed-use retail/multifamily development. This site offers investors the opportunity to acquire real estate on one of Lyndhurst's main arteries, Ridge Road. The site has an existing approval for a use variance, bulk variance and site plan approval for the construction of a new two story structure. With an existing approval from the town, expiring November of 2018, this property is ideal for a developer who is looking to act now. There are existing architectural renderings for the construction of a 2 story building containing 1 retail unit, Two 2 Bedroom apartments and one Storage unit. This site provides an ideal location in downtown Lyndhurst, with convenient access to public transportation (just .7 miles from Kingsland Station and 1.3 miles from Lyndhurst Station). Less then a 1 minute walk to bus station at Ridge Road at Summer Avenue which has a direct line to Newark Penn Station. As of 2017, average household income of $95,625. In 2017 Lyndhurst had a population of 24,939. Ridge Road is a heavily traveled road with a traffic count of 17,781. With no proposed redevelopment projects on Ridge Road, this provides a ideal opportunity to develop a project in a much desired location.
Property Taxes
| Parcel Number | 32-00211-0000-00024 | Improvements Assessment | $6,800 |
| Land Assessment | $534,600 | Total Assessment | $541,400 |
Property Taxes
Listing ID: 13711003
Date on Market: 9/6/2018
Last Updated:
Address: 640-644 Ridge Rd, Lyndhurst, NJ 07071
The Land Property at 640-644 Ridge Rd, Lyndhurst, NJ 07071 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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