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Property profile & analytics
FOR SALE
Storefront properties

721-731 Chancellor Ave ST1-6 Irvington, NJ 07111

Property ID
US59-Q000318
Property summary
AI-generated overview

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!

Property profile
Verified
Property type Storefront properties
UPID US59-Q000318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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