1406 Springfield Ave, Irvington Twp., NJ 07111
Essex County
Key Facts
Description
Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years.Property features central air and heat throughout, a 3-car garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement.Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1920
Living Area
10,000 sq ft
Lot Size
0.11 acres
Parking Spaces
6
Ownership
Fee Simple
Days on Market
11
MLS® Listing#
4037531
Property Features
Basement
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$22,262
Tax year 2025
Assessed Value
$820,900
Parcel Number
1609-00372-0000-00013-0000-
Directions
USE GPS FROM YOUR LOCATION TO 1406 Springfield Ave, Irvington NJ
Affordability Calculator
$338,000
Estimated monthly payment
$8,995/mo
Principal $1,352,000 · Est. interest $1,886,160 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Irvington Twp., NJ
- $661,547
- Median Listing Price
- 39
- Median Days on Market
- 2,262
- Median Sq Ft
- $321
- Median Price / Sq Ft
- 3,793
- Active Listings
- This home’s price is 155% above the area median.
- Its price per sq ft is 47% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Irvington Twp., NJ.
Location
Points of Interest in Irvington Twp., NJ
Showing the Irvington Twp. area map.
Nearby Schools
Florence Avenue Elementary School
Elementary · 0.2 mi away
Seth Boyden Elementary School
Elementary · 0.4 mi away
Chancellor Avenue Elementary School
Elementary · 0.5 mi away
Irvington High School
Secondary · 0.8 mi away
Union Avenue Middle School
Secondary · 0.8 mi away
Kiddie College Campus
School · 0.8 mi away
Clinton Elementary School
Elementary · 0.8 mi away
Madison at Chancellor South
School · 0.9 mi away
Mount Vernon Avenue Elementary School
Elementary · 0.9 mi away
Mt Vernon Elementary School
Elementary · 0.9 mi away
Augusta Preschool Academy
School · 1.0 mi away
Newark School of Data Science and Information Technology
Secondary · 1.0 mi away
Ivy Hill Elementary School
Elementary · 1.1 mi away
Prep School for Babies and Children
School · 1.1 mi away
Jajo Learning Center
School · 1.1 mi away
Madison Avenue School
Elementary · 1.1 mi away
Burch Charter School of Excellence
Elementary · 1.2 mi away
Care About Me Program
School · 1.2 mi away
Columbia High School
Secondary · 1.3 mi away
Tuscan Elementary School
Elementary · 1.3 mi away
Commute Calculator
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|---|---|---|---|---|
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| 1031 Us Highway 202, Branchburg Twp., NJ | $1,190,000 | — | — | 2,625 |
| 68 Carol Pl, Wayne Twp., NJ | $1,190,000 | 4 | 4 | 3,300 |
| 24 W New Jersey Avenue, Long Beach Twp, NJ | $1,195,000 | 5 | 2 | 1,914 |
Moving Cost Estimate
EXIT Agents in Irvington Twp.
Listing Courtesy: REALTYLINE - 2015921388