NOT LISTED FOR SALE

60 Lyons Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $493,000 - $665,000

5 Beds
3.5 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $550,000

Est. 3% increase in value since last sale

Current estimated payment $3,539/month

62 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Rectangular Lot
  • 5-minute walk to Weequahic Park

About This Home

As of August 2023

5 bed, 3 full and 1 half bath colonial home in Weequahic. Approximately .3 miles to Newark Beth Isreal Medical Center and .2 miles from the tennis courts at Weequahic Park.The main level offers spacious living areas, perfect for entertaining guests or relaxing with loved ones. The kitchen is a chef's dream, featuring modern appliances, ample counter space, pantry, and a conventional breakfast bar.Adjacent to the kitchen is a spacious dining room. Upstairs, you'll find five generously sized bedrooms.Step outside and discover a serene patio area, completed with a HOT TUB and GAZEBO, creating the perfect setting for outdoor gatherings and relaxation. Additionally, this home offers an incredible opportunity for extra income. The basement IN-LAW SUITE with full kitchen and separate entrance doubles as an AIRBNB rental, providing a fantastic way to generate additional revenue. Don't miss your chance to own this meticulously maintained colonial with modern updates and a backyard retreat

Last Agent to Sell the Property

Edona Brahimi

RE/MAX SELECT - Morristown Listed on: 06/20/2023

RE/MAX SELECT - Morristown

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,422

Lot Details

  • 3,006

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • Rectangular Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00032 / 03676

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,422

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-539-6300
  • MLS Status: Sold - Sold
  • Directions: Bergen St. to Lyons Ave. or Elizabeth Ave. to Lyons Ave
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Bath(s) Other, Den, Kitchen

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiant Floor, Steam

Tax Info

  • Tax Annual Amount: 6422.0
  • Tax Block: 03676
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 14, 2023
Sold by
Davis Cavelle and Davis Isaac
Bought by
Gonzalez Jesus Martinez and Palacios Michael F
Seller's Agent
Edona Brahimi
RE/MAX SELECT - Morristown
Buyer's Agent
Outside Agent
Outside Office
List Price
$520,000
Sold Price
$550,000
Premium/Discount to List
$30,000
5.77%
Views
20
Current Estimated Value
$566,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,776
Avg. Annual Appreciation
1.43%
Original Mortgage
$447,700
Outstanding Balance
$437,880
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$128,896

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jun 12, 2017
Sold by
Quality Investment 1 Llc
Bought by
Davis Cavelle and Davis Isaac
Seller's Agent
Tujuana Merriewether
OPTION 1 REALTY GROUP, LLC
Buyer's Agent
ANDRES ARIAS
REAL
List Price
$289,000
Sold Price
$241,000
Premium/Discount to List
-$48,000
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$246,181
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Listed on
Dec 5, 2015
Closed on
Feb 24, 2016
Sold by
Mazur Tatyana
Bought by
Quality Investment 1 Llc
Seller's Agent
Chrisne Garnier
COLDWELL BANKER REALTY
Buyer's Agent
Chrisne Garnier
COLDWELL BANKER REALTY
List Price
$49,900
Sold Price
$50,000
Premium/Discount to List
$100
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
279.19%
Original Mortgage
$130,000
Interest Rate
3.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Gonzalez Jesus Martinez $550,000 None Listed On Document
Davis Cavelle $241,000 National Title Insurance
Quality Investment 1 Llc $49,900 Clear Skies Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jesus Martinez $447,700
Previous Owner Davis Cavelle $246,181
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $550,000 +5.8% --
08/21/2023 08/21/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $520,000 +115.8% --
06/12/2017 06/12/17 Sold $241,000 -16.6% --
04/12/2017 04/12/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $289,000 +478.0% --
04/07/2016 04/07/16 Sold $50,000 +0.2% --
01/27/2016 01/27/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $49,900 -- --
Source: New Jersey 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
2025 $6,408 $40,800 $15,800 $25,000
2024 $6,408 $171,900 $15,800 $156,100
2022 $6,422 $171,900 $15,800 $156,100
2021 $6,419 $171,900 $15,800 $156,100
2020 $6,532 $171,900 $15,800 $156,100
2019 $6,465 $171,900 $15,800 $156,100
2018 $6,348 $171,900 $15,800 $156,100
2017 $4,183 $117,500 $15,800 $101,700
2016 $4,042 $117,500 $15,800 $101,700
2015 $3,888 $117,500 $15,800 $101,700
2014 $3,644 $117,500 $15,800 $101,700
Source: Public Records

Agents Affiliated with this Home

  • Edona Brahimi

    Seller's Agent in 2023

    Edona Brahimi

    RE/MAX

    (201) 973-8226

    1 in this area

    47 Total Sales

    Edona Brahimi
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

  • T

    Seller's Agent in 2017

    Tujuana Merriewether

    OPTION 1 REALTY GROUP, LLC

    (201) 926-9945

    5 Total Sales

    Tujuana Merriewether
    Section Image

  • A

    Buyer's Agent in 2017

    ANDRES ARIAS

    REAL

  • C

    Seller's Agent in 2016

    Chrisne Garnier

    COLDWELL BANKER REALTY

    (973) 943-1366

    2 Total Sales

    Chrisne Garnier
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23020120

New Jersey MLS

APN: 14-03676-0000-00032

New Jersey Essex County Newark 07112 Weequahic

60 Lyons Ave, Newark, NJ

This home is located at 60 Lyons Ave, Newark, NJ 07112 since 20 June 2023 and is currently estimated at $566,776. 60 Lyons Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

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.

New Jersey MLS 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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