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Irvington, NJ 07111 742 Lyons Avenue

742 Lyons Avenue Irvington, NJ - Image 1742 Lyons Avenue Irvington, NJ - Image 2742 Lyons Avenue Irvington, NJ - Image 3
Presented By: Paul Washington with Coldwell Banker, Livingston - 973-994-4323
  • New Jersey MLS (NJMLS) - 153 - NJ
  • MLS# 25009484
  • 03/24/2025
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    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

    Glenn Wechsler and Rob DiMeo Team

    Price $1,299,000
    MLS#25009484
    List Date 03/24/2025
    Property Type Mixed Use
    Phone 201.777.0660
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    Request Info
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