For Sale
$525,000

552 Grove St Irvington, NJ 07111

Fully renovated, three-story building, great investment.

Overview

Added:
Feb 3
Days on market:
84
This exceptional mixed-use property at 552 Grove Street, Irvington, NJ, presents a lucrative investment opportunity. The building boasts three floors, totaling approximately 0.06 acres of land. The ground floor features a fully renovated store/office space, complete with one full bathroom and two half bathrooms. A finished basement adds to the usable square footage. Above the ground floor, the second and third floors each house a three-bedroom apartment, each with an eat-in kitchen and a full bathroom. All apartments and the commercial space have recently updated amenities and appliances, which are separately metered. The property's central location in Irvington offers convenient access to various transportation options, making it highly attractive to both tenants and businesses. The building is being sold "as is." A significant advantage for potential buyers is the projected 50% reduction in Irvington, NJ property taxes scheduled for 2025, substantially lowering future operating costs. This is a rare chance to acquire a fully renovated, income-generating property in a prime commercial location.

Property Details for 552 Grove St

Property type
Commercial real estate
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Irvington
County
Essex
State
New Jersey
Latitude
40.73845
Longitude
-74.21353

FAQs

What type of property is this?
Commercial real estate - Fully renovated, three-story building, great investment.
Where is the commercial real estate located?
The property is located at 552 Grove St Irvington, NJ.
What is the asking price?
The asking price for this property is $525,000.
How can I contact the broker?
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552 Grove St
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