Brick Mixed-Use Apartment
For Sale
Contact for pricing
Pending
702 Chancellor Ave, Irvington, NJ 07111
Three-story corner building with 13 units, combining nine residential apartments and four ground-floor retail spaces.
Property SizeContact for details
Days on Market122
Property Features for 702 Chancellor Ave
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
9
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Howard E. Boyar LREB
Listed By:
Howard Boyar · License #NY 10491201975
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 11 at 12:19PM
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 Howard E. Boyar LREB
Investment Insights
Based on property information with market context.
This 3-story brick mixed-use, walk-up building on a corner site totals 13 units, featuring nine residential apartments and four retail units. The residential mix includes one 1-bedroom, 1-bath unit and eight 2-bedroom, 1-bath units. All units are currently occupied, and the property is presented for sale “as is.”
The current ownership has completed numerous upgrades and the building is described as exceptionally maintained. For access to major routes, the property is listed as 4 blocks from the Garden State Parkway, 0.7 miles to Route 78, and within about 5 miles of Newark Liberty International Airport and 6 miles of Newark Penn Station.
The building’s existing arrangement supports both income-generating residential living space and dedicated retail units within the same structure.
The current ownership has completed numerous upgrades and the building is described as exceptionally maintained. For access to major routes, the property is listed as 4 blocks from the Garden State Parkway, 0.7 miles to Route 78, and within about 5 miles of Newark Liberty International Airport and 6 miles of Newark Penn Station.
The building’s existing arrangement supports both income-generating residential living space and dedicated retail units within the same structure.
Key Highlights
- 702–704 Chancellor Avenue in Irvington, NJ: 3‑story corner brick mixed‑use walk‑up with 13 total units
- Unit mix includes 9 residential units (1x 1‑bed/1‑bath and 8x 2‑bed/1‑bath) plus 4 retail units
- All units are occupied and cash flowing
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,097
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story corner building with 13 units, combining nine residential apartments and four ground-floor retail spaces.
Where is this apartment building located?
The property is located at 702 Chancellor Ave Irvington, NJ.
What are key features of this property?
This property features: 702–704 Chancellor Avenue in Irvington, NJ: 3‑story corner brick mixed‑use walk‑up with 13 total units; Unit mix includes 9 residential units (1x 1‑bed/1‑bath and 8x 2‑bed/1‑bath) plus 4 retail units; All units are occupied and cash flowing
