763 Irvington Ave Newark, NJ 07106

763 Irvington Avenue presents the opportunity to acquire a fully leased, multi-tenant retail investment in the highly desirable Maplewood, New Jersey market. The property consists of approximately 5,228 square feet situated on a prominent corner lot with dedicated parking and approximately 60 feet of frontage along Irvington Avenue. The asset is 100% occupied by two established neighborhood-serving businesses, Evergreen Laundromat and Razor Sharp Lounge, providing stable cash flow with lease expirations extending through 2032 and 2029, respectively. At the offering price of $1,000,000, investors benefit from an attractive in-place cap rate of approximately 7.2% with additional upside through future rent growth. The property's strong visibility, high traffic counts, and location within a dense residential trade area position it as a durable long-term investment.