805 Lyons AveIrvington, NJ 07111

  • Specialty properties
  • 7,888 SF
For Sale
$500,000 View listing

Property Details for 805 Lyons Ave

Lot size
0.20 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,492,718
    Hospitality
    $1,367,322
    Educational
    $1,137,596
    Medical
    $1,176,719
    Retail
    $1,769,593

Location Insight

City
Irvington
County
Essex
State
New Jersey
Latitude
40.7227
Longitude
-74.2361
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

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