3-Bedroom
65 Montgomery, Irvington, NJ 07111
For Sale
New
Contact for pricing
Renovated interior includes a private driveway and backyard.
Property Size950 SF
Price / SF$2.53
Days on Market2
Property Features for 65 Montgomery
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
in-unit laundry
private driveway
backyard
3
Hookup Available
Public Water
29x140
0.09
Building Details
Year Built
Listing Agency:
THE AGENCY ONE ROCK
(551) 239-8040
Listed By:
Justin Robinson
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 8 at 5:49PM
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 THE AGENCY ONE ROCK
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Investment Insights
Based on property information with market context.
This 950-square-foot apartment has three bedrooms and one bathroom, with renovations completed recently. The kitchen and bathroom have been updated, and the home includes a laundry hookup. A private driveway and backyard are also part of the property.
The parcel measures 29 by 140 feet and totals 0.09 acres. The building was constructed in 2006.
The parcel measures 29 by 140 feet and totals 0.09 acres. The building was constructed in 2006.
Key Highlights
- Three‑bedroom, one‑bath apartment with 950 square feet
- Recently renovated, including updates to the kitchen and bathroom
- Laundry hookup available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,609
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,180
$292.2K
Cap Rate 7%
$208,700
$208.7K
Cap Rate 9%
$162,322
$162.3K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$28.5K $30.00/SF
− Vacancy
−$1.9K −$2.04/SF
EGI
$26.6K $27.96/SF
− OpEx
−$12.0K −$12.58/SF
NOI
$14.6K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,180
Cap Rate 7%
$208,700
Cap Rate 9%
$162,322
Alternative Uses
Best Use
Apartment 5plus
$208.7K
$182.6K – $243.5K
NOI $14,609 @ 7.0% cap · market cap 608.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$248.1K
$217.1K – $289.4K
NOI $17,364 @ 7.0% cap · market cap 723.50%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
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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
$291,500
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Irvington, NJ
Properties on Market for Residential income properties in Irvington
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated interior includes a private driveway and backyard.
Where is this residential income property located?
The property is located at 65 Montgomery Irvington, NJ.
What are key features of this property?
This property features: Three‑bedroom, one‑bath apartment with 950 square feet; Recently renovated, including updates to the kitchen and bathroom; Laundry hookup available
