Technical
Financial
Distress signals
Property profile

124 Lyons Ave Newark, NJ 07112

OFF-MARKET
Retail properties & Spaces
10,000 SF Built 1970
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,000-square-foot commercial property, located at 124 Lyons Avenue in Newark, New Jersey, presents a unique investment or leasing opportunity. Situated directly across from Beth Israel Medical Center, this Class B building offers unparalleled convenience and visibility. Originally a daycare center, the property underwent renovations in 2022 and is now available for immediate occupancy. The building, constructed in 1970, features a single story with a 10,000-square-foot footprint on a 0.23-acre lot. The space is divisible into two suites: a 7,000-square-foot unit and a 3,000-square-foot unit, offering flexibility for various business needs. Both units can be leased separately or combined for a larger contiguous space of up to 7,000 square feet. The property boasts a convenient location with easy access to major transportation arteries, including I-78, Route 22, and the New Jersey Turnpike. The annual property taxes are $26,000. While there are no elevators, the single-story design ensures easy accessibility. This property is ideal for businesses seeking a prominent location in a thriving area of Newark, offering both leasing and purchase options. The property is located in Essex County, New Jersey, with a zip code of 07112.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

124 Lyons Ave Newark, NJ 07112
Newark metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 124 Lyons Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message