Two-Building Multifamily
For Sale
Contact for pricing
636 Lyons Avenue, Irvington, NJ 07111
Two residential assets totaling 59 units on a single site, suited for investors seeking an existing rental platform.
Property SizeContact for details
Lot Size0.60 Acres
Days on Market51
Property Features for 636 Lyons Avenue
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
59
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
ICON Real Estate Advisors
Listed By:
David Oropeza · License #8633793
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 1:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ICON Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering includes 636 and 654 Lyons Avenue, comprising two well-positioned multifamily residential buildings totaling 59 units on a 0.6-acre site. The portfolio structure provides a built-in mix of housing within a single ownership package, designed for continuity of operations across both addresses.
Both properties are located in Irvington, New Jersey, within Essex County’s dense, transit-oriented corridor. The remarks describe the area as providing convenient access to Newark and the greater New York City metropolitan area, supported by regional transit connectivity.
For investors, this portfolio format can be an efficient way to acquire multiple multifamily buildings at once, with management centered around two addresses rather than a single structure. The asset is presented as benefiting from steady rental demand associated with proximity to Newark employment centers and transit connectivity to New York City. The offering also notes that limited new development and zoning constraints in the area are factors that may help support long-term rent growth, according to the provided information.
Both properties are located in Irvington, New Jersey, within Essex County’s dense, transit-oriented corridor. The remarks describe the area as providing convenient access to Newark and the greater New York City metropolitan area, supported by regional transit connectivity.
For investors, this portfolio format can be an efficient way to acquire multiple multifamily buildings at once, with management centered around two addresses rather than a single structure. The asset is presented as benefiting from steady rental demand associated with proximity to Newark employment centers and transit connectivity to New York City. The offering also notes that limited new development and zoning constraints in the area are factors that may help support long-term rent growth, according to the provided information.
Key Highlights
- Two multifamily properties (636 and 654 Lyons Avenue) on a single 0.6‑acre site in Irvington, NJ
- Total of 59 residential units across the portfolio
- Year built: 1930
Property Analytics
Property Profile
Current Use
Lease Details
59
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,094
Businesses Nearby
Explore this area
Business Placement
Demographics for 07111, NJ
61,176
Population
24,176
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
21,095
Density / Sq Mi
$59,232
Median Household Income
$37,640
Median Earnings
$1,324
Median Rent
$291,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two residential assets totaling 59 units on a single site, suited for investors seeking an existing rental platform.
Where is this apartment building located?
The property is located at 636 Lyons Avenue Irvington, NJ.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Two multifamily properties (636 and 654 Lyons Avenue) on a single 0.6‑acre site in Irvington, NJ; Total of 59 residential units across the portfolio; Year built: 1930
