100 Lyons Ave
Newark City, NJ 07112
Price: $700,000
GSMLS: 4009955Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 2016
Acres: 0.07
Property Tax: $7,119
Description
FOR SALE ? Investor Opportunity 2-Family Home, Newark Income-producing 2-family property offering strong upside for investors or owner-occupants seeking rental potential. This oversized home features 8 total bedrooms and 3 full bathrooms, with flexible living arrangements across multiple finished levels. The finished basement adds usable bonus space, while the attic includes 2 additional bedrooms, maximizing occupancy and value potential.The property layout supports a multi-unit income strategy, extended living, or value-add improvements. Ideal for buyers seeking cash-flow potential in a high-demand rental market. Legal 2-family configuration 8 bedrooms / 3 full baths total Finished basement for added living/use space Attic with 2 additional bedrooms Strong rental and investment potentialExcellent opportunity to reposition, rent, or occupy while building equity.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Finished-Partially, Full
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Parquet Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
32.10X100 AVG.
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Detached Garage, Finished Garage, Oversize Garage
Parking:
1 Car Width, Additional Parking, Concrete Strip, Driveway-Exclusive, Off-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$700,000
Tax Amount:
$7,119
Land Assessment:
$25,400
Build. Assessment:
$161,800
Total Assessment:
$187,200
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4009955
List Date:
02-16-2026
Days On Market:
1
Listing Broker:
ALIGN RIGHT REALTY HOMEKEY
Listing Agent:
Adetokunbo Olushoga
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
