Irvington Multifamily Investment
For Sale
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26-30 Elmwood Avenue, Irvington, NJ 07111
32-unit multifamily asset with value-add potential in Irvington.
Property Size32,000 SF
Price / SF$162.50
Days on Market108
Property Features for 26-30 Elmwood Avenue
General Information
Standard status
Active
Size
32,000 SF
Property subtype
Multifamily
Investment Type
Value Add
Building Details
Year Built
1925
Buildings
2
Units
8
Listing Agency:
Hudson Atlantic Realty
Listed By:
Adam Zweibel · License #1326852
Source:
Crexi
Added: May 18
Changed: Aug 8
Last Checked: Aug 31 at 6:12PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,864
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 - 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.
