Oversized Lot Multifamily
For Sale
$650,000
18 Roosevelt Terrace, Irvington, NJ 07111
Multifamily property on an oversized lot, improved with a distressed structure, sold strictly AS-IS.
Property Size700 SF
Lot Size0.43 Acres
Price / SF$928.57
Days on Market125
Property Features for 18 Roosevelt Terrace
General Information
Standard status
Active
Size
700 SF
Lot size
0.43 Acres
Property subtype
Multi Family / 1-One Story
Taxes and HOA fees
Annual Taxes
$10,026
Amenities
Yes
Composition Shingle
Unfinished
Aluminum Siding
Building Details
Year Built
1953
Listing Agency:
Compass
Listed By:
Danoly Mathelier · License #1222706
(201) 424-6213
Source:
Compass
Added: May 3
Changed: Aug 8
Last Checked: Jul 21 at 3:21AM
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 Compass
Investment Insights
Based on property information with market context.
This multifamily property sits on an oversized lot and is currently improved with an existing multi-family structure in distressed condition. The offering provides redevelopment and repositioning opportunities, with options that may include renovation or new construction, subject to township approvals and zoning regulations. The sale is strictly AS-IS, and the buyer is responsible for all inspections, certifications, and municipal requirements.
The property is conveniently located near major roadways, public transportation, shopping, and local amenities, supporting a variety of future use plans based on approvals.
Given the parcel size and existing improvements, this can be a workable fit for investors or end-users seeking a land-value-driven redevelopment approach in an evolving Essex County market.
The property is conveniently located near major roadways, public transportation, shopping, and local amenities, supporting a variety of future use plans based on approvals.
Given the parcel size and existing improvements, this can be a workable fit for investors or end-users seeking a land-value-driven redevelopment approach in an evolving Essex County market.
Key Highlights
- Approximately 0.43‑acre lot in Irvington, improved with an existing multi‑family structure.
- Property is being sold strictly AS‑IS; buyer to perform all due diligence, inspections, certifications, and municipal requirements.
- Existing structure includes an unfinished basement and aluminum siding exterior.
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?
Multifamily property - Multifamily property on an oversized lot, improved with a distressed structure, sold strictly AS-IS.
Where is this multifamily property located?
The property is located at 18 Roosevelt Terrace Irvington, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 0.43‑acre lot in Irvington, improved with an existing multi‑family structure.; Property is being sold strictly AS‑IS; buyer to perform all due diligence, inspections, certifications, and municipal requirements.; Existing structure includes an unfinished basement and aluminum siding exterior.
