Two-Building Multifamily
636 Lyons Avenue Irvington, NJ 07111
636 Lyons Avenue, Irvington, NJ, 07111
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For Sale
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Two residential assets totaling 59 units on a single site, suited for investors seeking an existing rental platform.
Lot Size0.60 Acres
Days on Market33
Property Features for 636 Lyons Avenue
General Information
- Standard status
- Active
- Lot size
- 0.60 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing Agency
ICON Real Estate Advisors
Listed by
David Oropeza · License #8633793
Source
Crexi
Added: Jun 16 Checked: Jul 17 at 6:26 am
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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
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
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
