41-43 20th Avenue Irvington, NJ 07111
MULTI_FAMILY - Irvington, NJ
- Added:
- Jul 9, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 13 at 9:06 am
Property Features for 41-43 20th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1
- Standard status
- Active
Utilities
- Cooling system
- None (Cooling)
Building Details
- Architectural style
- Other
Listing agent Nicholas Walsh (908) 233-9292
Listing office RE/MAX SELECT - Morristown Westfield, NJ (973) 539-6300
Listing date Jul 9, 2026
Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The home is described as conveniently located near schools, shopping, and transportation, supporting day-to-day accessibility for tenants.
The layout is presented as well-laid-out for a multi-unit configuration, and the current occupancy and separate utilities are in place for operational convenience.
Key Highlights
- Triplex with 7 bedrooms and 4 bathrooms across 2,760 SF of living space
- Basement includes a full kitchen and bathroom
- Fully occupied with separate utilities for each unit
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 |
