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    154 Eastern Pkwy Irvington, NJ 07111

    For Sale
    $6,000,000

    Commercial - Irvington Twp., NJ

    Property size:
    37,804 SF
    Days on Market:
    75
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 154 Eastern Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A4
    Rooms
    Basement
    Basement Y/N
    1
    Size
    37,804 SF

    Utilities

    Cooling system
    Multi Units

    Building Details

    Floors in Building
    2
    Number of units
    1
    Building materials
    Block, Brick
    Roof type
    Flat
    Architectural style
    Other

    Real Broker LLC

    Listing agent FELICIA M. HANKERSON (855) 450-0442

    Listing date Sep 23, 2025

    MLS# 3988067 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Irvington Development Site Opportunity

    Located in Irvington Twp., NJ, this property presents a development opportunity. The site, zoned 4-A, spans 37,804 square feet, or approximately 0.97 acres. Currently operating as a lounge and entertainment venue, the property includes a 13,900 square-foot building with an additional 5,000 square feet of underutilized storage or function space. The property has 100 dedicated parking spaces. The zoning allows for potential multifamily, mixed-use, religious, event, or commercial development. The property consists of 4 lots and one 2 family building consiting of, 154 Eastern Pkwy,411-421 16th Ave,405 16th Ave, and 403 16th Ave. The site is located minutes from the Garden State Parkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cricket Club Entertainment ... Banquet Hall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irvington
    County
    Essex
    State
    New Jersey
    Longitude
    -74.216
    Latitude
    40.73909

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    FAQs

    What type of property is this?
    Commercial land - High-traffic Irvington development site with redevelopment potential.
    Where is this commercial land located?
    The property is located at 154 Eastern Pkwy Irvington, NJ.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Prime 0.97-acre development site in the heart of Irvington.; - 4-A zoning allows for diverse redevelopment options: residential, mixed-use, entertainment, or commercial.; - Existing 13,900± SF building currently operating as a lounge/entertainment venue.
    (855) 450-0442
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    154 Eastern Pkwy Irvington, NJ 07111
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    Irvington, NJ 07111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 Eastern Pkwy Irvington, NJ 07111
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