$385,000

1074 Grove St, Irvington, NJ

Type: 
Mixed Use

Irvington, NJ | 4-Unit Mixed-Use (3 Res + 1 Commercial) | ARV $720K

Asking Price: $385k

Property Highlights

  • 4-unit configuration: 3 residential units + 1 commercial storefront
  • Year built: 1926
  • Interior size: 2,810 sq ft
  • Lot size: 2,500 sq ft
  • Oil tank: None
  • Flood Zone: No
  • HOA: No
  • Delivered vacant

Utilities

  • Water: Public
  • Sewer: Public

Investment Upside: 

  • ARV: $720,000
  • Estimated Repairs: $250,000
  • Heavy value-add opportunity for builders, contractors, and experienced investors
  • Mixed-use redevelopment in a strong rental market
  • Potential to stabilize into three residential rentals plus commercial cash flow

SOLD COMPS

23 Howard St, Irvington Twp., NJ 07111 – SOLD $730k

33 Howard St, Irvington, NJ 07111 – SOLD $560k

144 Maple Ave, Irvington Twp., NJ 07111 – SOLD $650k

1105 Grove St, Irvington, NJ 07111 – SOLD $650k

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