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$548,000
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Property Description
This property offers two legal units plus a fully finished basement, providing excellent rental potential or flexible living options. Each unit is thoughtfully designed for comfort and convenience.Located near shopping centers, major highways, and local amenities, it's a perfect blend of accessibility and income potential. Live in one unit while renting the other or maximize returns by leasing both!
Full Property Details
Full Property Details for 162 Lyon St
General
- Price: $548,000
- Taxes: $9,257 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3982820
- Updated: 11/17/2025
- Added to Site: 148 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Location
- County: Passaic
- Driving Directions: to lyons st
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Radiators - Hot Water, Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Composition Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition Shingle
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Pantry, See Remarks
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $157,700
- Land Assmt: $24,000
- Tax Amount: $9,257
- Tax Year: 2024
Disclosures and Reports
- Block: 2922
- Lot Number: 13
Listed by Weichert Realtors
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Schools
Schools serving 162 Lyon St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 162 Lyon St
Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$548,000
-0.18%
MLS
9/25/2025
Price Reduced
$549,000
-0.18%
MLS
8/22/2025
Listed
$550,000
61.76%
MLS
12/23/2020
Sold
$340,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 162 Lyon St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,258
10%
$181,700
—
2022
$8,435
11%
$181,700
—
2020
$7,586
3%
$181,700
—
2019
$7,346
—
$181,700
2%
2019
$7,346
-3%
$177,700
1%
2018
$7,579
5%
$175,200
1%
2017
$7,209
-8%
$173,300
-4%
2016
$7,845
6%
$180,800
—
2015
$7,427
-14%
$180,800
-43%
2013
$8,685
—
$316,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 162 Lyon St
162 Lyon St, Paterson, NJ 07524 (MLS# 3982820) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 162 Lyon St is currently listed for $548,000 and was received on August 22, 2025. Want to learn more about 162 Lyon St? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

