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Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$1,690,000

Est. payment - /mo

10,000 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $169

MLS Listing ID 4037531

Year Built 1920

Annual Tax Amount $22,262

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State NJ

County Essex

Zoning Mixed Use

Rooms

Basement Full, Unfinished

Interior

Heating See Remarks

Cooling See Remarks

Equipment See Remarks

Heat Source See Remarks

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 6.0

Utilities Available See Remarks

Roof Type See Remarks

Garage No

Building

Story 4

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Ataullah Barnes

+1(973) 277-2575

Broker License ID: 0454603

1406 Springfield Ave Irvington Twp., NJ 07111

Ataullah Barnes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1406 Springfield Ave