New Construction (2021) Current Rental income is $4,700 Plus Basement with plumbing in place. First Floor Unit (3Bed/1Bath) 3 queen-size bedrooms Open kitchen with a breakfast bar Granite counters +stainless steel appliances +Access to outdoor space ($2100 current rent) Second Floor Unit (Duplex): 4 bedrooms, 2 bathrooms Large living room and dining area Master bedroom suite with room for an office, bathroom suite, and walk-in closet ($2600current rent). Additional Features: Three separate meters for easy management of utilities All-electric home, keeping overhead costs low Investor-friendly setup with strong rental potential.
Sold for $755,000 on 06/03/25
$755,000
389 Lyons Ave, Newark, NJ 07112
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$793,000 Zestimate®
$--/sqft
$2,777 Estimated rent
Home value
$793,000
$698,000 - $904,000
$2,777/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 17, 2025 at 09:38am
Listed by:
Melissa Solin 408-504-0767,
Yaffa Realty
Bought with:
Ralph Millien
United Real Estate
Source: NJMLS,MLS#: 25005401
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: None
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Details
- Parcel number: 1403070000000026
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: See Remarks
Community & neighborhood
Location
- Region: Newark
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Sold | $755,000+8% |
Source:  NJMLS #25005401 | ||
| 5/7/2025 | Pending sale | $699,000 |
Source: NJMLS #25005401 | ||
| 4/24/2025 | Listed for sale | $699,000 |
Source: NJMLS #25005401 | ||
| 4/8/2025 | Pending sale | $699,000 |
Source: NJMLS #25005401 | ||
| 2/19/2025 | Listed for sale | $699,000 |
Source: NJMLS #25005401 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,986 | $157,400 |
| 2024 | $5,986 +1.8% | $157,400 |
| 2023 | $5,877 | $157,400 -51.5% |
Find assessor info on the county website
Neighborhood: Weequahic
Nearby schools
GreatSchools rating
- 4/10George Washington Carver Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.3 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$793,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$793,000