Seller's Agent in 2025
Yaffa Solin
Yaffa Realty
(408) 504-0767
1 in this area
11 Total Sales
389 Lyons Ave Newark, NJ 07112
Weequahic Neighborhood
7
Beds
3
Baths
--
Sq Ft
3,341
Sq Ft Lot
About This Home
As of June 2025New 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,000
Lot Details
- 3,341 Sq Ft Lot
Parking
- 3 Car Garage
Home Design
- New Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00026 / 03070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2025
Sold by
Kenner Michelle
Bought by
Youmans Rico and Richardson Jaquanda
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,325
Interest Rate
6.76%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 6, 2021
Sold by
Saj Development Llc
Bought by
Kenner Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,853
Interest Rate
3.14%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 20, 2020
Sold by
City Of Newark
Bought by
Saj Development Llc
Purchase Details
Closed on
Oct 24, 2005
Sold by
Holder William
Bought by
Holder Randolph
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $755,000 | Title Bon Agency | |
| Deed | $505,000 | All Ahead Title | |
| Quit Claim Deed | $33,400 | Foundation Title Llc | |
| Deed | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $741,325 | FHA | |
| Previous Owner | $495,853 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Sold | $755,000 | +8.0% | -- |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 04/23/2025 04/23/25 | For Sale | $699,000 | 0.0% | -- |
| 04/16/2025 04/16/25 | Off Market | $699,000 | -- | -- |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 02/19/2025 02/19/25 | For Sale | $699,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $5,868 | $157,400 | $25,400 | $299,200 |
| 2024 | $5,868 | $157,400 | $25,400 | $299,200 |
| 2022 | $12,127 | $324,600 | $25,400 | $299,200 |
| 2021 | $5,877 | $157,400 | $25,400 | $132,000 |
| 2020 | $0 | $157,400 | $25,400 | $132,000 |
| 2019 | $0 | $157,400 | $25,400 | $132,000 |
| 2018 | $0 | $157,400 | $25,400 | $132,000 |
| 2017 | $5,620 | $157,400 | $25,400 | $132,000 |
| 2016 | $5,415 | $157,400 | $25,400 | $132,000 |
| 2015 | $5,208 | $157,400 | $25,400 | $132,000 |
| 2014 | $4,881 | $157,400 | $25,400 | $132,000 |
Source: Public Records
Agents Affiliated with this Home
-
Yaffa Solin
-
RALPH MILLIEN
R
Buyer's Agent in 2025
RALPH MILLIEN
United Real Estate
(201) 899-8971
1 in this area
5 Total Sales
Map
Source: New Jersey MLS
MLS Number: 25005401
APN: 14-03070-0000-00026
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.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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