216-218 ORANGE AVE Irvington, NJ 07111

$399,900
216-218 ORANGE AVE, Irvington, NJ 07111
3489570

Commercial Property for sale in Irvington, NJ

for $399,900 with 5 full baths. This 5,262 square foot building was built in 1948 on a lot size of 54 X 82.

Property Information

  • $399,900
  • 5 Full Baths
  • Commercial
  • 5,262 Square Feet
  • Taxes are $16,775
  • Mixed Use
  • Active
  • Lot size of 54 X 82
  • Built in 1948
  • Irvington, NJ
  • Essex County
  • MLS/Web ID is 3489570

Description

OUTSTANDING INVESTMENT OPPORTUNITY! MIXED USE COMMERCIAL BUILDING 3STORES + 2 2-BEDROOM APARTMENTS IN IRVINGTON. PROPERTY IS FULLY RENTED, ALL TENANTS HAVE BEEN THERE FOR A LONG TIME AND THEY INTEND TO STAY. PROPERTY WAS RENOVATED IN 2013. ALL UTILITIES ARE SEPARATED. ALL 5 BOILERS ARE NEWER. PROPERTY IS ESTIMATED TO GENERATE CAP RATE OF 12.65%. "The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy.  Any information of special interest should be obtained through independent verification."

Interior 7

Appliances

  • Fire Alarm
  • Smoke Detector

Basement

  • Basement
  • Full Basement
  • Storage
  • Unfinished

Cooling System

  • Multiple Units
  • Wall Unit(s)
  • Window Unit(s)

Flooring

  • Concrete Floors
  • Laminate Flooring
  • Tile Flooring

Heating System

  • Hot Water Baseboard Heat
  • Radiators

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Brick & Block

Lot Description

  • Corner

Parking

  • On Street Parking

Roof

  • Asphalt Shingles

Siding

  • Aluminum
  • Brick

Miscellaneous 2

Commercial

  • Sale Includes Building & Land

Utilities

  • Cable TV Available
  • Electric
  • Fiber Optic Available
  • Natural Gas

Rental 1

Tenant Pays

  • All Utilities

† Excluded Feature

Listed By

Listing Agent: Fernanda Thompson-Lima
Broker: Weichert Realtors
Office: Morristown West

216-218 ORANGE AVE , Irvington, NJ, 07111 is a Commercial Property for sale at $399,900 with 5,262 sqft and a lot size of 54 X 82. 216-218 ORANGE AVE has 5.0 baths and was built in 1948. The property's zip code is 07111 which is in Irvington, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Irvington $252,532 37 % below $225,000 44 % below
Commerical listings in Irvington $419,766 5 % above $279,512 30 % below

Get the facts about Irvington, NJ!

Population 52,835
Population Growth (since 2000) -13 %
Median Income $38,623
Median Age 35.71
Households w/ Children 35 %

Residential Dwellings

  • Owned 5690
  • Vacant 2809
  • Rented 14022

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