Listing Details

143 Prospect Ave,Irvington Twp., NJ 07111-1242

  • February 9, 2026

Description

Excellent investment opportunity near the Maplewood border. This solid 2-story, 8-unit building features 4 apartments on the first floor and 4 apartments on the second floor. Unit breakdown: Apts 1-3 have 2 bedrooms, Apt 4 has 1 bedroom, Apts 5-7 have 2 bedrooms, and Apt 8 is a studio. All apartments include an eat-in kitchen and a full bathroom.Property also offers an unfinished basement and a 2-car garage, with potential use as additional space. All utilities are separate, and owner pays for heating only. Current leases are scheduled to end by the end of the year, providing flexibility for new ownership. Convenient location close to transportation, shopping, and schools.

Details

Last Updated On: February 9th, 2026 at 8:12 pm
Property ID:PT-27785752-AXZR
Offer Type:For Sale
Property Type:Apartment Complex
Price: 1,750,000 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 55 X 100
Property Type: Apartment Complex
Lot Identifier: 3

Home Details

Location: Residential Area
Acreage: 0.13
Sale Includes: Building Only
Construction: Brick/Block
Exterior Description: Brick/Block
Roof Description: Flat
Number of Garage Spaces: 8
Number of Stories: 2
Number of Units: 8
Number of Lavatories: 8
Parking Desc: Parking Lot-Exclusive
Easement/Desc: Unknown
Basmnt/Desc: Yes - Unfinished
Tenant Pays: Electric, Gas, Hot Water, Water
Owner Pays: Heat
YB/Desc: 9999 - Unknown
Block Identifier: 365
County Number: 16
Town Number: 1609
Possession: AT CLOSING

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Leases
Lease Type: Gross
Lease Info: 1 Year Minimum
Ownership: Fee Simple
Tax ID For Property: 1609-00365-0000-00003-0000-
Tax Amount: $21,416.00
Tax Year: 2024
Tax Rate: 6.197%
Tax Rate Year: 2025
Land Assessment: $280,000.00
Building Assessment: $950,700.00
Total Assessment: $1,230,700.00

Utilities

Equipment Available: Fire Alarm, Smoke Detector
Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: Residential

Statistics

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