NOT LISTED FOR SALE

117 Lyons Ave Unit 119 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $534,000 - $730,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $737,000

Est. 11% decrease in value since last sale

Current estimated payment $4,677/month

102 Days on Market

About This Home

As of January 2024

This home is located at 117 Lyons Ave Unit 119, Newark, NJ 07112 since 13 October 2023 and is currently estimated at $653,456. This property was built in 1922. 117 Lyons Ave Unit 119 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Chancellor Avenue School, and Hawthorne Avenue Elementary School.

Last Listed By

LIAT WEISS

IMPERIAL HOME SALES, INC. Brokerage Phone: 973-743-1777 Listed on: 10/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,355

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,355

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 117
  • I D: 5250394
  • Modified: 2025-01-24
  • Number Images: 1
  • Attribution Contact: 973-743-1777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X116 AVG.
  • Total Acres: 0.10

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
LIAT WEISS
IMPERIAL HOME SALES, INC.
Buyer's Agent
KIMEEKA BRENNAN
BRICE HOMES
List Price
$725,000
Sold Price
$737,000
Premium/Discount to List
$12,000
1.66%
Total Days on Market
102
Views
38
Current Estimated Value
$653,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,544
Avg. Annual Appreciation
-8.02%
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

Closed on
Sep 15, 2016
Sold by
Marnin Rand
Bought by
177 Lyons Associates Llc

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

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
01/23/2024 01/23/24 Sold $737,000 +1.7% --
01/23/2024 01/23/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $725,000 0.0% --
11/01/2023 11/01/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $725,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

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

  • L

    Seller's Agent in 2024

    LIAT WEISS

    IMPERIAL HOME SALES, INC.

  • Y

    Seller Co-Listing Agent in 2024

    YARIV RAICH

    IMPERIAL HOME SALES, INC.

  • K

    Buyer's Agent in 2024

    KIMEEKA BRENNAN

    BRICE HOMES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3869542

Garden State MLS

APN: 14-03660-0000-00051

New Jersey Essex County Newark 07112 Weequahic

117 Lyons Ave Unit 119, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 117 Lyons Ave Unit 119, Newark, NJ 07112 since 13 October 2023 and is currently estimated at $653,456. This property was built in 1922. 117 Lyons Ave Unit 119 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Chancellor Avenue School, and Hawthorne Avenue Elementary School.

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