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Irvington Two-Family Conversion Opportunity

357 16th Ave Irvington, NJ 07111

357 16th Ave, Irvington, NJ, 07111
$399,900
For Sale
$399,900

Legal two-family property with value-add potential in Irvington.

Days on Market95

Property Features for 357 16th Ave

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1915
Listing Agency NJ Metro Group LLC
Listed by JAMES HUGHES
Source Elliman
Added: Apr 15 Checked: Jul 17 at 4:12 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 NJ Metro Group LLC


Investment Insights

Based on property information with market context.

Located in Irvington's R-2 zone, this property presents a legal two-family opportunity with value-add potential for investors and owner-occupants. While not currently configured as a two-family, it features a second-floor residential apartment and a ground-level space previously used for commercial purposes, including a half bathroom and open layout. Due to the lapse in nonconforming use, the path forward is residential. The opportunity lies in converting the lower level into a second dwelling unit, subject to buyer due diligence, renovation, and municipal approvals. The property is ideal for creating an income-producing property or for living in one unit while building equity using renovation financing. The second-floor unit offers three bedrooms with updated finishes. The ground level provides open space with access to basement storage. Separate utilities are in place. The property will be delivered vacant and is being sold AS-IS. The buyer is responsible for all municipal inspections, certifications, and obtaining a Temporary Certificate of Occupancy from the Township of Irvington. Conveniently located near Grove Street with access to transportation and local amenities. Buyers must verify all zoning and conversion requirements. The location is considered very walkable with a score of 78 and has good transit with a score of 68.

Key Highlights

  • Legal 2‑family opportunity in Irvington's R‑2 zone with value‑add potential.
  • Second‑floor unit features three bedrooms with updated finishes.
  • Separate utilities are in place.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ulerio Distributor Distribution Center

Suggested Use

Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Nursing Home Skin Care Clinic Cafe & Coffee Shop Electrical Service Nursing Home

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

FAQs

What type of property is this?
Duplex - Legal two-family property with value-add potential in Irvington.
Where is this duplex located?
The property is located at 357 16th Ave Irvington, NJ.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Legal 2‑family opportunity in Irvington's R‑2 zone with value‑add potential.; Second‑floor unit features **three bedrooms with updated finishes.**; Separate utilities are in place.
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