Y
Seller's Agent in 2024
Yariv Raich
Imperial Home Sales
8 in this area
28 Total Sales
117-119 Lyons Ave Newark, NJ 07112
Weequahic NeighborhoodEstimated Value: $559,000 - $779,000
9
Beds
5
Baths
--
Sq Ft
4,291
Sq Ft Lot
About This Home
As of January 2024THE PERFECT INVESTMENT PROPERTY!!! well maintained 4 Units Multi Fam / Taxes $12,374. Renovated in 2018. This property makes a great turn-key investment. Live in one unit while earning passive income in this well-maintained fourplex. Easy Commute by car, bus, or train to NYC & beyond!!! Located just minutes from all major highways to NYC and through out NJ Ground level is VACANT and updated and 1st floor tenant is in a process of moving out. Property renovated in 2018 and well maintained.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,381
Year Built
- 1922
Lot Details
- 4,291
Home Design
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Additional Features
- Laundry in Basement
- 4,291 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00051 / 03660
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Dec 7, 2023
Sold by
Raich Yariv
Bought by
Forbes Shanisha and Forbes Darnessa
Seller's Agent
Yariv Raich
Imperial Home Sales
Buyer's Agent
Outside Agent
Outside Office
List Price
$725,000
Sold Price
$737,000
Premium/Discount to List
$12,000
1.66%
Total Days on Market
19
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,537
Avg. Annual Appreciation
-7.57%
Original Mortgage
$723,651
Interest Rate
6.61%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 22, 2020
Sold by
117 Lyons Associates Llc
Bought by
Raich Yariv
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2018
Sold by
117 Associates Llc
Bought by
Grant 9 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,750
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Oct 20, 2015
Closed on
Sep 15, 2016
Sold by
Marnin Rand
Bought by
177 Lyons Associates Llc
Seller's Agent
Justin Kiliszek
EXP REALTY, LLC
List Price
$145,000
Sold Price
$100,000
Premium/Discount to List
-$45,000
-31.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%
Purchase Details
Closed on
Apr 21, 2016
Sold by
Wells Fargo Bank Na
Bought by
Marnin Rand
Purchase Details
Closed on
Mar 25, 2015
Sold by
Fontoura Armando B
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jul 15, 1993
Sold by
Metro-Line Mortgage Corp
Bought by
Sorbino Joseph L
Purchase Details
Closed on
Jul 23, 1992
Sold by
Fontura Armando B
Bought by
Metro-Line Mortg
Purchase Details
Closed on
Feb 12, 1990
Sold by
Wesley Leonard and Wesley Swedowsky,Bernard
Bought by
Caribbean Real Estate
Purchase Details
Closed on
Mar 22, 1989
Sold by
Wesley Leonard
Bought by
Wesley Leonard and Wesley Swedowsky,Bernard
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forbes Shanisha | $730,000 | Stewart Title | |
| Raich Yariv | -- | Riverside Abstract Llc | |
| Grant 9 Llc | $135,000 | Westcore Title | |
| 177 Lyons Associates Llc | -- | None Available | |
| Marnin Rand | $105,105 | Liberty Title & Escrow Co | |
| Wells Fargo Bank Na | $176,586 | None Available | |
| Sorbino Joseph L | $130,000 | -- | |
| 825Eph L Sorbino | $130,000 | -- | |
| Metro-Line Mortg | $100 | -- | |
| Caribbean Real Estate | $105,000 | -- | |
| Wesley Leonard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Forbes Shanisha | $723,651 | |
| Previous Owner | Raich Yariv | $427,000 | |
| Previous Owner | Raich Yariv | $337,500 | |
| Previous Owner | Grant 9 Llc | $140,750 | |
| Previous Owner | Sorbino Joseph L | $202,000 | |
| Closed | Wells Fargo Bank Na | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2024 01/26/24 | Sold | $737,000 | +1.7% | -- |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $725,000 | +625.0% | -- |
| 08/10/2016 08/10/16 | Sold | $100,000 | -31.0% | -- |
| 02/04/2016 02/04/16 | Pending | -- | -- | -- |
| 10/20/2015 10/20/15 | For Sale | $145,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,355 | $331,400 | $27,800 | $303,600 |
| 2022 | $12,381 | $331,400 | $27,800 | $303,600 |
| 2021 | $12,374 | $331,400 | $27,800 | $303,600 |
| 2020 | $7,752 | $204,000 | $27,400 | $176,600 |
| 2019 | $7,672 | $204,000 | $27,400 | $176,600 |
| 2018 | $7,534 | $204,000 | $27,400 | $176,600 |
| 2017 | $7,262 | $204,000 | $27,400 | $176,600 |
| 2016 | $7,018 | $204,000 | $27,400 | $176,600 |
| 2015 | $6,750 | $204,000 | $27,400 | $176,600 |
| 2014 | $6,326 | $204,000 | $27,400 | $176,600 |
Source: Public Records
Agents Affiliated with this Home
-
Yariv Raich
-
O
Buyer's Agent in 2024
Outside Agent
Outside Office
-
Justin Kiliszek
J
Seller's Agent in 2016
Justin Kiliszek
EXP REALTY, LLC
(973) 298-4247
7 in this area
251 Total Sales
Map
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Source: New Jersey MLS
MLS Number: 23031678
APN: 14-03660-0000-00051
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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