Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1030-1032 Stuyvesant Ave Irvington, NJ 07111

    • Office Properties & Spaces
    For Sale
    View listing
    $598,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1030-1032 Stuyvesant Ave

    Property type
    Office Properties & Spaces

    Description

    This exceptional investment opportunity presents a prime office building situated at 1030-1032 Stuyvesant Avenue in Irvington, New Jersey. The property is listed at $598,900 and offers significant potential for growth and return. While the exact square footage is not currently specified, the building's location in a desirable area of Irvington makes it an attractive prospect for a variety of businesses. The property sits on a lot with no acreage specified, suggesting a compact and potentially easily managed footprint. The address, 1030-1032 Stuyvesant Avenue, indicates a potentially larger building, suitable for multiple tenants or a single large occupant. Given the price point and location, this property is ideal for investors seeking a strong foothold in the New Jersey commercial real estate market. Further due diligence is recommended to ascertain the precise square footage and internal layout of the building, as well as the zoning regulations and potential for future development. This property represents a compelling opportunity for those seeking a profitable investment in a thriving New Jersey community. The absence of specified square footage and lot size underscores the need for a thorough on-site inspection to fully assess the property's potential. Interested parties are encouraged to conduct their own independent investigation to confirm all details and determine the suitability of this property for their specific needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Irvington
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2494
    Latitude
    40.7151

    Comparable in this City

    • Value Estimation by Request

      26 Union Ave

      Office Properties & Spaces
      26 Union Ave, Irvington, NJ 07111
      View Details
    • Value Estimation by Request

      611 Grove St

      Restaurants
      611 Grove St, Irvington, NJ 07111
      View Details
    • Value Estimation by Request

      886 Clinton Ave, Unit 900

      OFFICE BUILDING
      886 Clinton Ave, Irvington, NJ 07111-4708
      View Details
    • Value Estimation
      $2,175,000
      15,252 SF

      1059 Clinton Ave, Unit 65

      OFFICE BUILDING • 15,252 SF
      1059 Clinton Ave, Irvington, NJ 07111-3529
      View Details
    • Value Estimation
      $800,000
      5,767 SF

      985 Sanford Ave

      OFFICE BUILDING • 5,767 SF
      985 Sanford Ave, Irvington, NJ 07111
      View Details
    • Value Estimation by Request
      2,460 SF

      1177-1179 Clinton Ave, Unit 1179

      OFFICE BUILDING • 2,460 SF
      1177-1179 Clinton Ave, Irvington, NJ 07111-5572
      View Details

    Similar Nearby for Sale

    • $598,900

      Irvington Office Building - Great Investment

      Prime Irvington location, excellent office space.
      1030-1032 Stuyvesant Ave, Irvington, NJ 07111
      View Details
    • $685,000
      0.09 Acres

      Mixed-Use Property in Irvington, NJ

      Versatile property with storefront, residential unit, and additional lot.
      724-728 Grove St, Irvington, NJ 07111
      View Details
    • $489,000

      Versatile Commercial Building For Sale

      Adaptable commercial building suitable for various uses, convenient location.
      87 Maple Ave, Irvington, NJ 07111
      View Details
    • $599,000

      Renovated Mixed-Use Property in Irvington

      Recently renovated mixed-use property with retail and residential units.
      1258 Springfield Ave, Irvington, NJ 07111
      View Details
    • $835,000
      Pending

      New Construction Duplex in Irvington

      Modern duplex with spacious units, garage, and convenient location.
      118 19Th Ave, Irvington, NJ 07111
      View Details
    • $397,900

      Two-Family Home with Income Potential

      Two-family home with rental income, outdoor space, and parking.
      1088 Grove St, Irvington, NJ 07111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,595 SF

      Irvington Medical Office Space For Lease

      Prime Medical Office Suites in Irvington, NJ
      1057 Springfield Ave, Irvington, NJ 07111
      View Details
    • $5,600 /Mo
      7,405 SF

      Newly Constructed Commercial Space Available

      4,500 sq ft commercial space perfect for diverse uses.
      127 Coit St, Irvington, NJ 07111
      View Details
    • Contact for pricing
      10,800 SF

      High Visibility Retail Space Available

      Retail space with dedicated parking, loading dock, and high visibility.
      1055 Stuyvesant Ave, Irvington, NJ 07111
      View Details
    • $2,300 /Mo

      Renovated Apartment Near Transportation

      Renovated 2-bedroom apartment with modern finishes and convenient location.
      59 Campfield St, Irvington, NJ 07111
      View Details
    • Contact for pricing
      1 SF

      Irvington Retail Space For Lease

      Prime Essex County Freestanding Retail
      1054 Stuyvesant Ave, Irvington, NJ 07111
      View Details
    • $2,000 /Mo

      One Bedroom Apartment Available

      One bedroom apartment for rent, available immediately.
      191 Hollywood Ave, Irvington, NJ 07111
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1030-1032 Stuyvesant Ave
    Irvington, NJ 07111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.