NJ > Irvington Twp. > South Ward
Irvington Twp., NJ 07111,742 Lyons Ave
Irvington Twp., NJ 07111,742 Lyons Ave
Irvington Twp., NJ 07111,742 Lyons Ave
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Steven Pagan

Steven Pagan

Berkshire Hathaway HomeServices Fox & Roach, REALTORS®

+1(609) 631-5668
$1,299,000
Est. payment /mo
7,800 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,800 sqft

Price per Sqft $166

Subdivision South Ward

MLS Listing ID 3952551

Year Built 1960

Annual Tax Amount $29,249

Tax Year 2024

Lot Size 6,969 Sqft

Property Sub-Type Mixed Use

Property Description

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-Bathapartment 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 I78/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 excellent location, this property presents a compelling opportunity for Core Plus/Value Add investors seeking long-term growth potential in the commercial real estate space.

Location

State NJ

County Essex

Zoning B-1

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling See Remarks, Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 5.0

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Corner, Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@foxroach.com

352 Stokes Rd, Medford, NJ, 08055, USA

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