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Irvington Multi-Family Investment Opportunity
For Sale
$649,000

1052 Grove St 3, Irvington, NJ 07111

Three-family property in Irvington near transportation and schools.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market162

Property Features for 1052 Grove St 3

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $18,432

Building Details

Year Built 1913
Units 3
Listing Agency: REALTY ONE GROUP LIFESTYLE HOMES
Listed By: MIGUELINA RAMIREZ · License #396056
Source: Elliman
Added: Mar 24 Changed: Aug 27 Last Checked: Aug 31 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP LIFESTYLE HOMES

Investment Insights

Based on property information with market context.

This three-family property features a total of 8 bedrooms and 4 bathrooms. A spacious deck is suitable for outdoor activities. The full walkout basement includes finished space and storage. The first floor contains 3 bedrooms, 1 full bath, laundry facilities, a kitchen, and a living room. The second floor features 4 bedrooms, 4 bathrooms, and a kitchen. The third floor includes 3 bedrooms and 2 bathrooms and a kitchen. An additional home office, extra room, full bath, and laundry hookup are also present. The property is located in Irvington, near shops, schools, transportation options, and the 280 parkway. It is currently operating as an Airbnb and is reported to be fully booked. The property will be delivered vacant at closing and is being sold 'As Is'.

Key Highlights

  • Lucrative Airbnb Business: Fully booked and ready for immediate income.
  • Multi‑Family Income Potential: Rare 3‑family property, each floor with separate living spaces and kitchens.
  • High Bedroom/Bathroom Count: Features 8 bedrooms and 4 bathrooms.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Nursing Home Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,961
Businesses Nearby

Demographics for 07111, NJ

61,176
Population
24,176
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
21,095
Density / Sq Mi
$59,232
Median Household Income
$37,640
Median Earnings
$1,324
Median Rent
$291,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three-family property in Irvington near transportation and schools.
Where is this multifamily property located?
The property is located at 1052 Grove St 3 Irvington, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Lucrative Airbnb Business: Fully booked and ready for immediate income.; Multi‑Family Income Potential: Rare 3‑family property, each floor with separate living spaces and kitchens.; High Bedroom/Bathroom Count: Features 8 bedrooms and 4 bathrooms.
More about this property
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