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143 Prospect Ave

Irvington Twp., NJ 07111
  • $1,500,000
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: 4008891
Price Reduced
$1,500,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Excellent Investment Opportunity Near the Maplewood Border! Whether you're a first-time investor looking to build your portfolio or an experienced owner seeking a solid income-producing property, this 8-unit building offers an excellent opportunity. This well-maintained 2-story property features 8 apartments, 4 on the first floor and 4 on the second floor. Unit mix includes six 2-bedroom apartments, one 1-bedroom apartment, and one studio. Each unit features an eat-in kitchen and a full bathroom. The property also offers an unfinished basement, 2-car garage, and a private driveway with parking for approximately 4 additional vehicles, providing valuable off-street parking. All utilities are separately metered, with the owner currently responsible for heating only. Current leases are scheduled to expire by the end of the year, offering flexibility for a new owner to evaluate rents, reposition the property, or make it their own. Conveniently located near the Maplewood border, with easy access to transportation, shopping, schools, and everyday amenities. A great opportunity for an investor looking for an 8-unit multifamily property with multiple income-producing units and additional parking.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-06T23:48:33.303.
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143 Prospect Ave Irvington Twp., NJ 07111

  • Price: $1,500,000
  • Status: Active
  • On Site: 209 Days
  • MLS #: 4008891
0
Beds
0
Baths
0
½ Baths
0.13
Acres
County:
Essex
Area:
Irvington Twp.
Property Description
Excellent Investment Opportunity Near the Maplewood Border! Whether you're a first-time investor looking to build your portfolio or an experienced owner seeking a solid income-producing property, this 8-unit building offers an excellent opportunity. This well-maintained 2-story property features 8 apartments, 4 on the first floor and 4 on the second floor. Unit mix includes six 2-bedroom apartments, one 1-bedroom apartment, and one studio. Each unit features an eat-in kitchen and a full bathroom. The property also offers an unfinished basement, 2-car garage, and a private driveway with parking for approximately 4 additional vehicles, providing valuable off-street parking. All utilities are separately metered, with the owner currently responsible for heating only. Current leases are scheduled to expire by the end of the year, offering flexibility for a new owner to evaluate rents, reposition the property, or make it their own. Conveniently located near the Maplewood border, with easy access to transportation, shopping, schools, and everyday amenities. A great opportunity for an investor looking for an 8-unit multifamily property with multiple income-producing units and additional parking.
Exterior Features

Approximate Lot Size 55 X 100 Construction Brick/Block Exterior Description Brick/Block Location Residential Area Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 2 Car WidthParking Lot-Exclusive Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling No Cool Equipment Available Fire AlarmSmoke Detector Floors LaminateTileWood Heating Baseboard - Hotwater Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 8 Office Sq Ft 0

Property Features

Available Immediately For Sale Or Lease For Sale Fuel Type Gas-Natural Lease Type Gross Owner Pays Heat Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 147 Tax Amount 21416 Tax Rate Amount 6.197 Tax Rate Year 2025 Tax Year 2024 Tenant Pays ElectricGasHot WaterWater Utilities Gas-Natural Water Public Water Year Built Description Unknown Zoning Residential

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-232-5187.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-06T23:48:33.303.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527