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    506 21St St Irvington, NJ 07111

    For Sale
    $524,900

    Three-unit property with strong rental demand.

    Source: GenStone II, LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Investment Opportunity

    This is a three-unit multi-family property presenting an investment opportunity. The property benefits from strong rental demand, offering potential for investors or buyers seeking to build equity.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -74.21804
    Latitude
    40.725735

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with strong rental demand.
    Where is this triplex located?
    The property is located at 506 21St St Irvington, NJ.
    What is the asking price?
    The asking price for this property is $524,900.
    What are key features of this property?
    This property features: - Investment opportunity with strong rental demand.; - 3-unit multi-family property.; - Potential to build equity.
    (973) 479-0937
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    506 21St St Irvington, NJ 07111
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    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
    506 21St St Irvington, NJ 07111
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