Irvington Multifamily Investment
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
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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
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Apartment buildings
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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.