Irvington Two-Family Conversion
For Sale
$399,900
357 16th Ave, Irvington, NJ 07111
Legal two-family property with value-add potential in Irvington.
Property SizeContact for details
Days on Market117
Property Features for 357 16th Ave
General Information
Standard status
Active
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,112
Building Details
Year Built
1915
Units
2
Listing Agency:
NJ Metro Group LLC
(201) 675-1210
Listed By:
JAMES HUGHES · License #267175
Source:
Elliman
Added: Apr 15
Changed: Aug 8
Last Checked: Aug 9 at 7:34AM
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 NJ Metro Group LLC
Investment Insights
Based on property information with market context.
Located in Irvington's R-2 zone, this property presents a legal two-family opportunity with value-add potential for investors and owner-occupants. While not currently configured as a two-family, it features a second-floor residential apartment and a ground-level space previously used for commercial purposes, including a half bathroom and open layout. Due to the lapse in nonconforming use, the path forward is residential. The opportunity lies in converting the lower level into a second dwelling unit, subject to buyer due diligence, renovation, and municipal approvals. The property is ideal for creating an income-producing property or for living in one unit while building equity using renovation financing. The second-floor unit offers three bedrooms with updated finishes. The ground level provides open space with access to basement storage. Separate utilities are in place. The property will be delivered vacant and is being sold AS-IS. The buyer is responsible for all municipal inspections, certifications, and obtaining a Temporary Certificate of Occupancy from the Township of Irvington. Conveniently located near Grove Street with access to transportation and local amenities. Buyers must verify all zoning and conversion requirements. The location is considered very walkable with a score of 78 and has good transit with a score of 68.
Key Highlights
- Legal 2‑family opportunity in Irvington's R‑2 zone with value‑add potential.
- Second‑floor unit features three bedrooms with updated finishes.
- Separate utilities are in place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,215
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family property with value-add potential in Irvington.
Where is this duplex located?
The property is located at 357 16th Ave Irvington, NJ.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Legal 2‑family opportunity in Irvington's R‑2 zone with value‑add potential.; Second‑floor unit features **three bedrooms with updated finishes.**; Separate utilities are in place.
