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Two-Unit Residential Income Duplex
For Sale
$479,999

53 Grove Ter, Irvington, NJ 07111

Vacant-at-closing two-family home with separate units, private driveway, detached garage, and shared basement access.

Property SizeContact for details
Days on Market44

Property Features for 53 Grove Ter

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1923
Listing Agency: Real Broker LLC
Listed By: EDUARD STULAK
Source: Elliman
Added: Jun 23 Changed: Jul 10 Last Checked: Aug 5 at 9:00AM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

This two-family residential income property features two separate units: a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit, each described as move-in ready. The 2-bedroom unit includes a covered front porch. A basement with ample storage space is accessible to both units, supporting practical day-to-day living and organization. Additional improvements include a private driveway and a detached 2-car garage. The property is sold strictly AS-IS.

The home is located in Irvington and positioned just minutes from major highways, Newark Airport, shopping, dining, and public transportation. It offers convenient access toward New York City and the Prudential Center.

For owner-occupants or investors, the layout supports flexible living and leasing options, since the property will be delivered vacant at closing and provides immediate adaptability for a new owner. With dedicated parking and an accessible storage basement, it can also be appealing for tenants seeking functional space in a straightforward duplex configuration. The second-floor unit is noted as currently month-to-month with a stated readiness to vacate.

Key Highlights

  • Two‑family home built in 1923 with two separate units: 1 bed/1 bath and 2 bed/1 bath
  • Vacant‑at‑closing delivery for flexibility—ideal to live in one unit and rent the other
  • Move‑in ready units with the opportunity to update and add value over time

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Carpet & Flooring Store Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,239
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
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant-at-closing two-family home with separate units, private driveway, detached garage, and shared basement access.
Where is this duplex located?
The property is located at 53 Grove Ter Irvington, NJ.
What is the asking price?
The asking price for this property is $479,999.
What are key features of this property?
This property features: Two‑family home built in 1923 with two separate units: 1 bed/1 bath and 2 bed/1 bath; Vacant‑at‑closing delivery for flexibility—ideal to live in one unit and rent the other; Move‑in ready units with the opportunity to update and add value over time
More about this property
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