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    721-731 Chancellor Ave Irvington, NJ 07111

    For Lease
    $1,799,900

    Commercial Lease, Other - Irvington, NJ

    Days on Market:
    47
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 721-731 Chancellor Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Lionel Cruz (201) 630-0025 License #0681239,PersonLicenseNumber

    Listing date Oct 21, 2025

    MLS# 25036878 Listing URL

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

    Overview

    Prime Corner Retail Investment Opportunity

    This commercial property is located at the intersection of Chancellor Avenue and Union Avenue in Irvington, NJ. The well-maintained, income-producing property spans approximately 7,625 sq. ft. on a 0.23-acre lot (10,010 sq. ft.). It includes six fully leased retail storefronts, each occupied by long-term, established tenants. The property features a rear loading area, offering convenient access for deliveries and day-to-day operations. Its corner location provides dual frontage and exceptional exposure along one of Irvington's most traveled retail corridors. The property is strategically located near I-78, the Garden State Parkway, and public transportation. This asset combines stability with upside potential in a market experiencing steady revitalization and commercial growth.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.2380525
    Latitude
    40.7159939

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    FAQs

    What type of property is this?
    Strip mall - High-visibility, fully leased retail property in Irvington, NJ.
    Where is this strip mall located?
    The property is located at 721-731 Chancellor Ave Irvington, NJ.
    What are key features of this property?
    This property features: - Prime corner location at the intersection of Chancellor Avenue and Union Avenue, offering **high visibility**.; - Income-producing property with six fully leased retail storefronts.; - Long-term, established tenants providing consistent, reliable income.
    (201) 630-0025
    Request Owner's contact information
    721-731 Chancellor Ave 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
    721-731 Chancellor Ave Irvington, NJ 07111
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