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Multifamily Property with Finished Basement
For Sale
$599,900

81 Chestnut Ave, Irvington, NJ 07111

Fenced private grounds and a partially finished lower level add flexibility for residential occupancy.

Property SizeContact for details
Days on Market9

Property Features for 81 Chestnut Ave

General Information

Standard status Active
Property subtype Multi-Family

Amenities

fenced
private yard

Building Details

Year Built 1957
Listing Agency: MENZA REALTY
Listed By: Joseph G. Menza · License #231207
Source: Srrealestategroup
Added: Sep 1 Last Checked: Sep 9 at 5:56AM

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 MENZA REALTY

Investment Insights

Based on property information with market context.

Built in 1957, this multifamily property includes a partially finished basement with a kitchen and bathroom. The home also features a fenced private yard, separate heat and utilities, and newer heating units.

The property is located at 81 Chestnut Ave in Irvington Township, New Jersey, in the Hillside Border area.

Key Highlights

  • Partially finished basement with kitchen and bathroom
  • Fenced private yard
  • Separate heat and utilities

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

997
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fenced private grounds and a partially finished lower level add flexibility for residential occupancy.
Where is this multifamily property located?
The property is located at 81 Chestnut Ave Irvington, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Partially finished basement with kitchen and bathroom; Fenced private yard; Separate heat and utilities
More about this property
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