Mixed-Use Apartment and Retail
883 Springfield Ave Irvington, NJ 07111
883 Springfield Ave, Irvington, NJ, 07111
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For Sale
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Twelve-unit mixed-use property with eight renovated apartments and four retail spaces.
Days on Market104
Property Features for 883 Springfield Ave
General Information
- Standard status
- Active
- Property subtype
- Mixed Use, Multifamily
Listing agency
Providence Real Estate Advisors
Listed by
Daniel Aviles · License #NJ 1431064
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 7:47PM Checked: Jul 21 at 5:43AM
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Investment Insights
Based on property information with market context.
This 12-unit mixed-use property includes eight three-bedroom apartments and four retail spaces. The residential units have been renovated, with tenants responsible for their own heat/hot water and electricity. Retail units are not subject to rent control as described in the offering remarks.
The property is located at 883-889 Springfield Ave in Irvington, NJ, near major public transportation and approximately 0.1 mile east of the Garden State Parkway (Exit 143). It is also about 0.3 miles east of the Irvington Bus Terminal, with routes to Downtown Newark (15 minutes), Newark International Airport (25 minutes), and New York City (36 minutes), and roughly 2 miles to Downtown Newark.
According to the remarks, Irvington’s rent control provides for 4% annual increases on current residential units. The building is being marketed on a for-sale basis by Marcus & Millichap with exclusive marketing rights.
The property is located at 883-889 Springfield Ave in Irvington, NJ, near major public transportation and approximately 0.1 mile east of the Garden State Parkway (Exit 143). It is also about 0.3 miles east of the Irvington Bus Terminal, with routes to Downtown Newark (15 minutes), Newark International Airport (25 minutes), and New York City (36 minutes), and roughly 2 miles to Downtown Newark.
According to the remarks, Irvington’s rent control provides for 4% annual increases on current residential units. The building is being marketed on a for-sale basis by Marcus & Millichap with exclusive marketing rights.
Key Highlights
- 12‑unit mixed‑use property at 887‑889 Springfield Ave, Irvington, NJ: 8 three‑bedroom apartments and 4 retail spaces
- All residential units are renovated
- Township rent control allows 4% annual increases on current residential units (no rent control on retail units)
Property Analytics
Location Intelligence
Current Use by Public Records
Maya's Kollection
Cosmetic Store
Young Cleaners
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Twelve-unit mixed-use property with eight renovated apartments and four retail spaces.
Where is this apartment building located?
The property is located at 883 Springfield Ave Irvington, NJ.
What are key features of this property?
This property features: 12‑unit mixed‑use property at 887‑889 Springfield Ave, Irvington, NJ: 8 three‑bedroom apartments and 4 retail spaces; All residential units are renovated; Township rent control allows 4% annual increases on current residential units (no rent control on retail units)