Irvington, NJ 07111 742 Lyons Avenue
$1,299,000



Presented By: Paul Washington with Coldwell Banker, Livingston - 973-994-4323
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Introducing 742 Lyons Ave Mixed Use, a 3-story masonry construction offering +7,800 sf inclusive of 7 separately metered income producing units; four 3-Bed/1-Bath apartment dwellings and three retail storefronts anchored by national pizza brand. Current 100% occupancy serves as basis for in-place cash flow and apartment rental income upside ranging -52% below the area's median market rate. Built around 1960, this corner lot asset benefits from high corner lot visibility at a signalized 4-way traffic intersection adjacent to the Garden State Parkway and close proximity to I-78/Irvington Park. The property is zoned B-1 "Neighborhood Business" offering versatile potential for businesses. Amenities include on-site driveway parking for 5-6 vehicles and immediate access to public bus transportation. With scalable rental improvement and prime location, this property presents a compelling opportunity for Core Plus/Value Add investors seeking long-term growth potential in the CRE space.
Presented By: Paul Washington with Coldwell Banker, Livingston - 973-994-4323
Interior Features for 742 Lyons Avenue
Other Interior Features
Heating Y/NNo
General for 742 Lyons Avenue
CityIrvington
CountyESSEX
HOANo
Lease Considered Y/NNo
MLS Area Minor400
ModificationTimestamp2025-04-25T13:35:52.7+00:00
Property Sub Type AdditionalRtl/Apt
Property Type5+ Mixed Use
RoofFlat
RoomsNone
Standard StatusActive
StatusActive - Active Attorney Review
Taxes$29,249
Year Built Details1960's, Build Prior to 1978
Additional Details
Price History
