41 20Th Ave, Irvington, NJ 07111
MULTI_FAMILY - Irvington Twp., NJ
- Added:
- Jun 30, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 1 at 6:06 am
Property Features for 41 20Th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 6
- Parking
- 2
- Standard status
- Active
- Size
- 2,760 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13361
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent NICHOLAS WALSH (973) 539-6300
Listing office RE/MAX SELECT ONE MADISON AVE, Morristown, NJ (973) 539-6300
Listing date Jun 30, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex with 2,760 SF of living space, offering 7 bedrooms and 4 bathrooms
- Basement includes a full kitchen and bathroom
- Fully occupied property with separate utilities for each unit
- Built in 1953 with shingle roof and hot water heating with baseboard
- Public water and public sewer
Overview
Conveniently located near schools, shopping, and transportation, the building is positioned for everyday accessibility. The arrangement is described as well-laid-out, which can be important for tenants looking for functional indoor space across multiple bedrooms and bathrooms.
For buyers seeking a residential income property, the current occupancy and unit-level utility setup are practical considerations. The combination of multiple bedrooms and bathrooms across the triplex, along with a basement that contains a full kitchen and bathroom, may appeal to tenants who need additional functional space within the same building. This is a for-sale offering priced at the seller’s listed amount, with the property maintained as an operating, occupied asset.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.5k | $25.56 |
| − Vacancy | −$4.6k | −$1.65 |
| EGI | $66.0k | $23.91 |
| − OpEx | −$19.8k | −$7.17 |
| NOI | $46.2k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Irvington
- County
- Essex
- State
- New Jersey
- Longitude
- -74.21722
- Latitude
- 40.73122
