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Well-Maintained Six-Family Income Property
For Sale
$999,900
Pending

463 21st, Irvington, NJ 07111

Income-generating six-family property near shopping and transportation.

Property SizeContact for details
Days on Market504

Property Features for 463 21st

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,271

Amenities

Baseboard Heating
Gas Heating
Listing Agency: THE REAL ESTATE COMPANY
Listed By: HERNAN CASTRO · License #0675191
Source: Corcoran
Added: Mar 26, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:44AM

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 THE REAL ESTATE COMPANY

Investment Insights

Based on property information with market context.

This is a well-maintained six-family property designed to generate income. Each of the six units features two bedrooms, one bathroom, a spacious living room, an eat-in kitchen, and a pantry. All utilities are metered separately for each unit. The layout of each unit is identical. The property includes a two-car garage and a four-car driveway, as well as ample on-street parking. The property is currently occupied by stable tenants, providing a reliable income stream. The garage and parking spaces offer the potential for additional rental income. The property is located in close proximity to shopping centers and malls, with convenient access to transportation to New York City.

Key Highlights

  • Reliable income stream with stable tenants in place.
  • Six‑family property with separately metered utilities for each unit.
  • Convenient access to NYC transportation.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Parking Lot & Garage Gym & Fitness Center Nursing Home

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

1,947
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?
Apartment building - Income-generating six-family property near shopping and transportation.
Where is this apartment building located?
The property is located at 463 21st Irvington, NJ.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Reliable income stream with stable tenants in place.; Six‑family property with separately metered utilities for each unit.; Convenient access to NYC transportation.
More about this property
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