1406 Springfield Ave, Irvington Twp. NJ 07111-1323

Property City
Irvington Twp.
Property Price
$1,690,000
Year Built
1920
Tax Annual Amount
$22262
TaxYear (*text)
2025
Roof (*text)
See Remarks
Lot Size Area
0.11
MLS Status
Active
MLS #
4037531

Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years.Property features central air and heat throughout, a 3-car garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement.Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request.

Yearly Tax Rate
2.587
Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
See Remarks
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
See Remarks
GarageSpaces
6
Heating
See Remarks
Lot Size Dimensions
50 X 92
Property Location

40.72376, -74.24773

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Units: Miles
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762