Listing Details

502 Stuyvesant504Rear,Irvington Twp., NJ 07111-2046

  • February 23, 2026

Description

Investors, this is the opportunity you?ve been waiting for! This fully renovated 6-unit multifamily property is a true cash-flow generator and a standout addition to any real estate portfolio. The building features five spacious 1-bedroom units and one 2-bedroom unit, offering an ideal unit mix that attracts a wide tenant pool and supports strong, consistent rental income. Major improvements have already been completed for you! The property has been fully renovated, including a brand-new roof and a new asphalt driveway, significantly reducing deferred maintenance and capital expenses. This is a turnkey investment you can step into with confidence. Situated on a rare double lot, the property offers parking for up to 10 vehicles ? a tremendous advantage that increases tenant demand and long-term value. With solid income potential, major upgrades already done, and excellent on-site parking, this property checks all the boxes for investors looking to generate reliable cash flow.

Details

Last Updated On: February 23rd, 2026 at 1:14 pm
Property ID:PT-29483148-AXZR
Offer Type:For Sale
Property Type:Apartment Complex
Price: 1,300,000 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 40.20 X IRREG.
Lot Description: Irregular Lot
Property Type: Apartment Complex
Lot Identifier: 6

Home Details

Location: Residential Area
Sale Includes: Building & Land
Exterior Description: Wood
Roof Description: Asphalt Shingle
Number of Stories: 2
Number of Units: 6
Max Ceiling Height: 999
Floors: Tile, Wood
Available SqFt: 4486
Building SqFt: 9999
Parking Desc: Additional Parking, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Easement/Desc: Unknown
Basmnt/Desc: Yes - Walkout
YB/Desc: 9999 - Unknown
Block Identifier: 35
County Number: 16
Town Number: 1609
Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Income & Expenses, Leases
Ownership: Fee Simple
Tax ID For Property: 1609-00035-0000-00006-0000-
Tax Amount: $18,900.00
Tax Year: 2024
Tax Rate: 6.197%
Tax Rate Year: 2025
Land Assessment: $210,000.00
Building Assessment: $713,000.00
Total Assessment: $923,000.00

Utilities

Equipment Available: Appliances, Fire Alarm
Heat Source: Gas-Natural
Heat System: Radiators - Steam
Cool System: No Cool
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: MIXUSE

Statistics

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