Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated 3-Bedroom Rental Apartment Title is generated by Realmo AI

    28 Brighton Ter 2, Irvington, NJ 07111

    View on Map
    Claim this Listing
    New
    For Lease
    $2,400 /Mo

    Bright, renovated three-bedroom second-floor apartment with wood floors and an eat-in kitchen.

    Type:Multi Family
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 3:53 am

    Property Features for 28 Brighton Ter 2

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1961

    We can help!

    Listing Contact
    AMBROSIA CORREA

    Listing agent AMBROSIA CORREA

    Listing office

    Listing date Jun 3, 2026

    Source Elliman

    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 AMBROSIA CORREA

    HighLights

    • Bright, renovated 3‑bedroom second‑floor apartment in a 2‑family house (owner lives on the first floor)
    • 3 spacious bedrooms, including a full bathroom in the master bedroom
    • Open‑concept living and dining area with wood floors
    • Large eat‑in kitchen with breakfast counter; new stove and refrigerator included
    • BikeScore 48, walkScore 70, and transitScore 56 (Somewhat walkable/bikeable, good transit)
    • No laundry hook‑up or laundry included; street parking; no pets; no back yard or basement

    Overview

    This is a renovated three-bedroom, second-floor apartment in a two-family house. The unit offers a bright open-concept living room and dining room, wood floors, and a large eat-in kitchen with a breakfast counter. The kitchen includes a new stove and refrigerator, and the layout provides three sizable bedrooms. The master bedroom includes a full bathroom and is sized to fit a king bed, while the two additional bedrooms can accommodate queen-sized beds.

    The owner resides on the first floor. The apartment does not include a laundry hook-up or laundry service. Parking is available on the street, and the unit is offered without a back yard or basement access.

    This configuration is practical for tenants seeking a renovated, multi-bedroom rental within a two-family setup, with a furnished-in feel from the included major kitchen appliances. Street parking should be factored into daily needs. The lease includes restrictions of no pets.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irvington
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2191749
    Latitude
    40.7324407

    Nearby Similar for Lease

    • $1,200/Mo

      Retail/Office Space in Irvington, NJ

      Renovated retail/office space with high visibility in Irvington, NJ.
      80 Mill Rd, Irvington Twp., NJ 07111-1018
      View Details
    • $10,000/Mo
      21,000 SF

      Irvington Warehouse Space Available

      21,000 sq ft warehouse space in Irvington Township, NJ.
      1138 Grove St, Irvington Twp., NJ 07111-4107
      View Details
    • $5,500/Mo
      4,500 SF

      Newly Constructed Commercial Space Available

      4,500 sq ft commercial space with versatile layout.
      127 Coit St, Irvington Twp., NJ 07111
      View Details
    • $1,590/Mo

      Springfield Avenue Storefront For Lease

      Commercial storefront on Springfield Ave, ideal for service businesses.
      1352 Springfield Ave, Irvington Twp., NJ 07111
      View Details
    • $10,000/Mo
      21,000 SF

      Former Banquet Hall Warehouse Space

      21,000 SF warehouse space, previously used as banquet hall.
      1138 Grove St, Irvington Twp., NJ 07111
      View Details
    • $1,200/Mo

      Renovated Retail/Office Space Available

      Prime retail/office space for lease in Irvington, NJ.
      80 Mill Rd, Irvington Twp., NJ 07111
      View Details
    • $1,200/Mo

      Renovated Retail/Office Space Available

      Prime retail/office space for lease in Irvington, NJ.
      80 Mill Rd, Irvington Twp., NJ 07111
      View Details
    • $2,400/Mo

      Updated Specialty Residential Rental

      Freshly updated interior with new appliances and bright living spaces, well positioned for commuting convenience.
      621 Grove St, Irvington Twp., NJ 07111-4516
      View Details
    • $4,600/Mo

      Renovated Multi-Family Rental Unit

      Move-in-ready 6-bedroom rental with updated finishes, private driveway parking, and access to a large backyard.
      10 Bruen Ave, Irvington Twp., NJ 07111-3513
      View Details
    • $2,100/Mo

      2-Bedroom, 1-Bath Rental Unit

      Well-maintained 2-bedroom apartment with an eat-in kitchen and renovated bath, available for immediate occupancy.
      463 21St St 3, Irvington Twp., NJ 07111-4338
      View Details
    • $2,900/Mo

      3BR Residential Rental with Parking

      Spacious three-bedroom unit with central air, fireplace character, and designated off-street parking.
      197 Park Pl 1, Irvington Twp., NJ 07111-2228
      View Details
    • $2,400/Mo

      Renovated Apartment Near Transportation

      Renovated 2-bedroom apartment with modern finishes and convenient location.
      103 Melrose Ave, Irvington Twp., NJ 07111-2676
      View Details

    FAQs

    What type of property is this?
    Residential income property - Bright, renovated three-bedroom second-floor apartment with wood floors and an eat-in kitchen.
    Where is this residential income property located?
    The property is located at 28 Brighton Ter 2 Irvington, NJ.
    What is the lease rate?
    The lease rate is $2,400 /Mo.
    What are key features of this property?
    This property features: Bright, renovated 3‑bedroom second‑floor apartment in a 2‑family house (owner lives on the first floor); 3 spacious bedrooms, including a full bathroom in the master bedroom; Open‑concept living and dining area with wood floors
    We can help!
    Listing Contact
    AMBROSIA CORREA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    28 Brighton Ter 2, Irvington Twp., NJ 07111-3705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!