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    Property profile & analytics

    805 Lyons Ave Irvington, NJ 07111

    • Specialty properties
    • 7,888 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US59-1187585
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Specialty properties

    Property Details for 805 Lyons Ave

    Lot size
    0.20 lot acres
    Property size
    7,888 SF
    Property type
    Specialty properties
    APN
    09 00338-0000-00001
    APU
    900338000000001

    Description

    This exceptional 8,914 square foot commercial property, situated on a 0.2-acre corner lot at 805 Lyons Ave, Irvington, NJ, presents a unique investment opportunity. Formerly operating as a funeral home, this multi-level building boasts significant interior space and ample parking. Key features include an elevator, central multi-zone heating, smoke detectors, and an intercom system. Its strategic location on a major thoroughfare connecting Newark and Irvington offers unparalleled accessibility, with proximity to the parkway (two blocks away) and Irvington Center. The property's current zoning is 4A (mixed use), while the district zoning is R-1, requiring a variance for multi-unit residential development. Detailed floor plans and an aerial view are available in the media section. Given its size, features, and location within a residential area, this property holds immense potential for various uses, including (but not limited to) a funeral home, place of worship, or conversion into multi-unit housing. The asking price is $500,000. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $460,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $450,000
      Mixed-Use
      $435,000
      Hospitality
      $495,000
      Educational
      $530,000
      Residential Income
      $500,000
      Energy
      $430,000
      Income-Based Land
      $510,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Irvington
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2361
    Latitude
    40.7227
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,533
    $187,500
    $200,000
    $387,500
    -
    $187,500
    $200,000
    $387,500

    Comparable in this City

    • Value Estimation
      $330,000
      1,280 SF

      477 Un Ave

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      View Details
    • Value Estimation
      $435,000
      3,349 SF

      942 Sanford Ave

      DAY CARE, PRE-SCHOOL • 3,349 SF
      942 Sanford Ave, Irvington, NJ 07111-1509
      View Details
    • Value Estimation
      $490,000
      7,553 SF

      343 16th Ave

      DAY CARE, PRE-SCHOOL • 7,553 SF
      343 16th Ave, Irvington, NJ 07111-4506
      View Details
    • Value Estimation
      $360,000
      1,980 SF

      98 Harrison Pl

      DAY CARE, PRE-SCHOOL • 1,980 SF
      98 Harrison Pl, Irvington, NJ 07111-4359
      View Details
    • Value Estimation
      $450,000
      10,060 SF

      102 Welland Ave, Unit 108

      DAY CARE, PRE-SCHOOL • 10,060 SF
      102 Welland Ave, Irvington, NJ 07111-3108
      View Details
    • Value Estimation
      $335,000
      3,575 SF

      717 Grv St

      DAY CARE, PRE-SCHOOL • 3,575 SF
      717 Grv St, Irvington, NJ 07111-3760
      View Details

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    805 Lyons Ave
    Irvington, NJ 07111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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