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143-149 Prospect Ave 8 Unit Apartment Building $2,424,170 CAD ($303,021 CAD/Unit) Irvington, NJ 07111
Executive Summary
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.
Property Facts
| Price | $2,424,170 CAD | Building Class | C |
| Price Per Unit | $303,021 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 6,800 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low-Rise | Parking Ratio | 0.88/1,000 SF |
| Price | $2,424,170 CAD |
| Price Per Unit | $303,021 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 0.88/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-00365-0000-00003 | Improvements Assessment | $1,316,948 CAD |
| Land Assessment | $387,867 CAD | Total Assessment | $1,704,815 CAD |
Property Taxes
Parcel Number
09-00365-0000-00003
Land Assessment
$387,867 CAD
Improvements Assessment
$1,316,948 CAD
Total Assessment
$1,704,815 CAD
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Lim Bances Realty
143-149 Prospect Ave
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