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    1258 Springfield Ave Irvington, NJ 07111

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    For Sale
    $599,000

    Recently renovated mixed-use property with retail and residential units.

    Lot size:
    0.06 Acres

    Property Features for 1258 Springfield Ave

    General Information

    Standard status
    Active
    Lot size
    0.06 Acres

    Building Details

    Year built
    1920

    Source: COLAMERICA HOMES INC. Agent SAGRARIO RENGIFO

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

    Overview

    Renovated Mixed-Use Property in Irvington

    This recently renovated mixed-use property features two storefronts and a three-bedroom, one-bath apartment. The two-story building includes James Hardie siding, Azek trim, black windows, and a metal roof. The first floor contains two recently renovated storefronts, currently generating a combined monthly income of $3,250. The upstairs apartment features three bedrooms and one bathroom, suitable for owner occupancy or rental income, with a potential monthly rent of $2,500. All utilities are separate, with the owner responsible for water and property taxes. The property includes a spacious backyard. Strategically located in the heart of Irvington, this turnkey mixed-use property offers both comfort and investment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Valdez Brothers Roof ... Roofing Contractor Xquzit Kutz Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -74.2410457
    Latitude
    40.7248041

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    FAQs

    What type of property is this?
    Mixed-use property - Recently renovated mixed-use property with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 1258 Springfield Ave Irvington, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Turnkey, recently renovated mixed-use property featuring two storefronts and a 3-bedroom apartment.; - Generates $3250/month from storefront rentals, with potential for $2500/month from the apartment.; - Separate utilities for each unit, minimizing owner expenses (water and property taxes only).
    (201) 326-4040
    Request Owner's contact information
    1258 Springfield Ave 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
    1258 Springfield Ave Irvington, NJ 07111
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