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    721-731 Chancellor Ave Irvington, NJ 07111

    For Sale
    $1,799,900

    Commercial - Irvington Twp., NJ

    Property size:
    7,625 SF
    Lot size:
    0.23 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 721-731 Chancellor Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    See Docs
    Size
    7,625 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1960
    Floors in Building
    6
    Number of units
    6
    Building materials
    Block, Brick, Concrete, Glass
    Roof type
    Flat
    Architectural style
    Other

    NextHome Prime (201) 630-0025 [email protected]

    Listing agent LIONEL CRUZ (201) 630-0025

    Listing date Oct 20, 2025

    MLS# 3993526 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

    Prime Corner Commercial Investment Opportunity

    This commercial property is located at the high-visibility intersection of Chancellor Avenue and Union Avenue in Irvington, NJ. The well-maintained, income-producing property spans approximately 7,625 square feet on a 0.23-acre lot, which is 10,010 square feet. It includes six fully leased retail storefronts, each occupied by long-term, established tenants. The property provides consistent, reliable income with minimal turnover. A rear loading area offers convenient access for deliveries and day-to-day operations. The 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. The zoning is 'See Docs'. This asset combines stability with upside potential in a market experiencing steady revitalization and commercial growth.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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.

    Similar Places Nearby

    Irvington Flower Shop, Jaeger Florist, Maplewood Florist at The Emporium

    Location Insight

    • Map
    • Local Demand
    City
    Irvington
    County
    Essex
    State
    New Jersey
    Longitude
    -74.23821
    Latitude
    40.71586

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    FAQs

    What type of property is this?
    Storefront property - Income-producing property with six fully leased retail storefronts in Irvington.
    Where is this storefront property located?
    The property is located at 721-731 Chancellor Ave Irvington, NJ.
    What is the asking price?
    The asking price for this property is $1,799,900.
    What are key features of this property?
    This property features: - Prime corner location at Chancellor Ave & Union Ave, offering high visibility.; - Income-producing property featuring six fully leased retail storefronts.; - Long-term, established tenants ensure 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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