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Irvington Multi-Family Investment Opportunity
For Sale
$625,000

1052 Grove St Unit 3, Irvington, NJ 07111

Three-family property in Irvington near transportation and schools.

Property SizeContact for details
Days on Market226

Property Features for 1052 Grove St Unit 3

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1913
Listing Agency: REALTY ONE GROUP LIFESTYLE HOMES
Listed By: MIGUELINA RAMIREZ · License #396056
Source: Luminancerealty
Added: Mar 24 Changed: Oct 26 Last Checked: Nov 3 at 12:08PM

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

Rey
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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

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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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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 Unit 3 Irvington, NJ.
What is the asking price?
The asking price for this property is $625,000.
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.
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