945-949 Clinton Avenue

Proximity to Garden State Parkway and I-78.Lee & Associates has been exclusively retained by ownership to market 945-949 Clinton Avenue in Irvington, NJ. The subject property is a mixed-use property consisting of six apartments over three ground floor retail units. The building was got renovated in 2023 and enables the purchaser peace of mind with extremely low maintenance and repair costs. All residential units have brand new stainless-steel appliances and mechanical systems. The property is 100% occupied with market rate tenants. All units have separate utilities, with the retail tenants contribute to their pro-rate portion of real estate taxes over the base year of 2023. This opportunity allows an investor to acquire one of the most aesthetically pleasing, newly renovated properties in Irvington. The asking price of $2,150,000 reflects with a 7.0 Cap Rate.