Mixed-Use Property with Four-Bedroom
1142 Clinton Ave # 2, Irvington, NJ 07111
For Sale
New
Contact for pricing
A four-bedroom home sits above newly built commercial space, combining residential and commercial components in one property.
Property Size1,784 SF
Price / SF$1.79
Days on Market2
Property Features for 1142 Clinton Ave # 2
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Amenities
in-unit laundry
central air
energy-efficient systems
Gas-Natural
1
First
Second
4
In Unit
4th Bedroom
Laundry Room
Public Water
46.30 X 116
0.12
Building Details
Year Built
Listing Agency:
(551) 239-8040
Listed By:
Reisha Baker
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 8 at 4:56PM
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 Reisha Baker
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Investment Insights
Based on property information with market context.
This 2026-built mixed-use property pairs newly constructed commercial space with a four-bedroom, 2.5-bath residence. The 1,784-square-foot home has an open living and dining area, a kitchen, in-unit laundry, central air, and a primary suite with a private bath. Public water and natural gas are noted among the property features.
At 1142 Clinton Ave #2 in Irvington, the property is near shopping, restaurants, parks, schools, major highways, and public transportation. The parcel measures 0.12 acre, with dimensions of 46.30 by 116 feet.
At 1142 Clinton Ave #2 in Irvington, the property is near shopping, restaurants, parks, schools, major highways, and public transportation. The parcel measures 0.12 acre, with dimensions of 46.30 by 116 feet.
Key Highlights
- Four‑bedroom, 2.5‑bath residence above newly constructed commercial space
- 1,784‑square‑foot residential unit
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,619
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,380
$492.4K
Cap Rate 7%
$351,700
$351.7K
Cap Rate 9%
$273,544
$273.5K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$42.8K $24.00/SF
− Vacancy
−$3.4K −$1.92/SF
EGI
$39.4K $22.08/SF
− OpEx
−$14.8K −$8.28/SF
NOI
$24.6K $13.80/SF
Area
Essex County, NJ
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,380
Cap Rate 7%
$351,700
Cap Rate 9%
$273,544
Alternative Uses
Best Use
Apartment 5plus
$391.9K
$342.9K – $457.2K
NOI $27,434 @ 7.0% cap · market cap 857.31%
Second Best
Mixed Use
$351.7K
$307.7K – $410.3K
NOI $24,619 @ 7.0% cap · market cap 769.34%
Theoretical Best
Office A
$465.8K
$407.6K – $543.5K
NOI $32,609 @ 7.0% cap · market cap 1,019.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,976
Businesses Nearby
Explore this area
Business Placement
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
$291,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Essex County, NJ
Properties on Market for Mixed-use properties in Essex County
Frequently Asked Questions
What type of property is this?
Mixed-use property - A four-bedroom home sits above newly built commercial space, combining residential and commercial components in one property.
Where is this mixed-use property located?
The property is located at 1142 Clinton Ave # 2 Irvington, NJ.
What are key features of this property?
This property features: Four‑bedroom, 2.5‑bath residence above newly constructed commercial space; 1,784‑square‑foot residential unit; Built in 2026
