5-Unit Mixed-Use Investment Includes 3 commercial/retail units and 2 residential apartments.
Orange Avenue Street-Front Visibility Corner property with ground-floor retail exposure and neighborhood traffic.
100% Occupied Asset Fully leased with immediate in-place income.
Recently Renovated in 2025 Updated interiors, refreshed finishes, modern lighting, and improved layouts.
On-Site Parking and Separate Utilities Includes 6 parking spaces with separate heat, water, electric, and gas.
5-Unit Mixed-Use Investment Includes 3 commercial/retail units and 2 residential apartments.
Orange Avenue Street-Front Visibility Corner property with ground-floor retail exposure and neighborhood traffic.
100% Occupied Asset Fully leased with immediate in-place income.
Recently Renovated in 2025 Updated interiors, refreshed finishes, modern lighting, and improved layouts.
On-Site Parking and Separate Utilities Includes 6 parking spaces with separate heat, water, electric, and gas.
Offered at $799,999, 216 Orange Avenue is a 5-unit mixed-use investment property located in Irvington, NJ. The asset consists of 3 commercial/retail units and 2 residential apartments, with a reported annual gross rent of $94,992 and NOI of $60,882. Current tenancy includes a grocery store on a 7-year lease, along with year-to-year leases for the bill pay store, barbershop, and residential apartments. The property offers investors immediate in-place income, 100% occupancy, and upside through continued lease management and long-term rent growth. With a price of approximately $152/SF and a 7.6% cap rate, this is a compelling Essex County mixed-use opportunity for investors looking for a stabilized asset in an active neighborhood corridor.