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Irvington Multifamily Investment Opportunity

26-30 Elmwood Avenue Irvington, NJ 07111

26-30 Elmwood Avenue, Irvington, NJ, 07111
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For Sale
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32-unit multifamily asset with value-add potential in Irvington.

Property Size32,000 SF
Price / SF$162.50
Days on Market62

Property Features for 26-30 Elmwood Avenue

General Information

Standard status
Active
Size
32,000 SF
Property subtype
Multifamily

Building Details

Year Built
1925
Listing Agency Hudson Atlantic Realty
Listed by Adam Zweibel · License #1326852
Source Crexi
Added: May 18 Checked: Jul 17 at 10:53 am

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 Hudson Atlantic Realty


Investment Insights

Based on property information with market context.

Elmwood Court, located at 26–30 Elmwood Avenue in Irvington, is a 32-unit multifamily property. Constructed in 1925, the property consists of two four-story buildings featuring a mix of one and two-bedroom apartments. The asset provides on-site amenities including controlled access, surface parking, on-site management, 24-hour access, and online services. Units include air conditioning, heating, high-speed internet access, kitchens, ranges, and refrigerators. This property offers a value-add opportunity to increase rents to market levels through unit upgrades and operational improvements. The property is located in a dense residential neighborhood near Irvington Park and retail corridors along Springfield and Chancellor Avenues, providing access to grocery, dining, and everyday services. Residents have access to nearby NJ Transit bus routes and a 10-minute drive to South Orange Station, with direct rail service to New York Penn Station. The property has regional connectivity via the Garden State Parkway and Interstate 78, while maintaining proximity to major employment centers, supporting rental demand and long-term occupancy.

Key Highlights

  • Value‑add opportunity through unit upgrades and operational improvements to increase rents.
  • Convenient access to NYC via nearby South Orange Station with direct rail service to New York Penn Station.
  • Practical on‑site amenities including controlled access, surface parking, and on‑site management.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Gym & Fitness Center Skin Care Clinic Nursing Home Nursing Home Veterinary Clinic Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Apartment building - 32-unit multifamily asset with value-add potential in Irvington.
Where is this apartment building located?
The property is located at 26-30 Elmwood Avenue Irvington, NJ.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Value‑add opportunity through unit upgrades and operational improvements to increase rents.; Convenient access to NYC via nearby South Orange Station with direct rail service to New York Penn Station.; Practical on‑site amenities including controlled access, surface parking, and on‑site management.
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