721-731 Chancellor Ave ST1-6 Irvington, NJ 07111
Don't miss this prime corner commercial investment opportunity at the high-visibility intersection of Chancellor Avenue and Union Avenue in Irvington, NJ! This well-maintained, income-producing property spans approximately 7,625 sq. ft. on a 0.23-acre lot ( 10,010 sq. ft.) and includes six fully leased retail storefronts, each occupied by long-term, established tenants providing consistent, reliable income with minimal turnover. The property also features a rear loading area, offering convenient access for deliveries and day-to-day operations. Its corner location provides dual frontage and exceptional exposure along one of Irvington's most traveled retail corridors. Strategically located near I-78, the Garden State Parkway, and public transportation, this asset combines stability with upside potential in a market experiencing steady revitalization and commercial growth. An outstanding opportunity for investors looking to capitalize on Irvington's expanding commercial landscape!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.