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11 Elmwood Ter, Irvington, NJ, 07111

$648,900

Home List Price

$7,706*

Closing Credit

7 Bedrooms
4 Full Baths
Multi

Location

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11 Elmwood Ter, Irvington$648,900

Buyer Closing Credits

$7,706*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontNone
FireplaceNone
MLS #24038175
StatusActive
(ACTIVE)

About 11 Elmwood Ter

Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit 2: 4 bedrooms, 2 full baths across two floors. Includes a modern kitchen, tiled bathrooms, washer/dryer hookups, and a private deck. Both units share a spacious backyard and driveway for added convenience. Irvington's ongoing property revaluation (set to complete in 2025) is expected to lower the tax rate to approximately 3%, potentially reducing taxes from approximately $19,980 to approximately $16,000. A 5-year tax abatement could further lower taxes to approximately $15,000a year.

Property Details

Property Features

Listing Office:

  • Office Name: New and Modern Group
  • Office Phone: (732) 962-2148
  • Listing Agent: Mathew Meisels

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $648,900

Tax Information:

  • Annual Amount: $6,455
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Irvington, NJ.

Med. Sold Price

$360K

Avg. Days On Market

18

# of Sold Homes

9

11 Elmwood Ter vs Irvington

7 DAYS ON ROCKET

-11 Days

$648,900

+$288.9K More

KEY TAKEAWAY

This property is $288.9K more than the Median Sold Price in Irvington, NJ.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #24038175

Listing Office:

  • Office Name: New and Modern Group
  • Office Phone: (732) 962-2148
  • Listing Agent: Mathew Meisels

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/12/2024, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,455$143,900
2019$8,203$143,900
2018$8,166$143,900
2017$8,166$143,900

History based on county public records data.

Payment Calculator

$3,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2193968
3
/10
  • Florence Avenue Elementary School

  • 1324 Springfield Ave

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-2193969
3
/10
  • Chancellor Avenue Elementary School

  • 844 Chancellor Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-2193970
5
/10
  • Seth Boyden Elementary Demonstration School

  • 274 Boyden Ave

  • 0.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,906. The majority of Irvington, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Essex County›Irvington›07111›11 Elmwood Ter

This home is located at 11 Elmwood Ter in Irvington, NJ and zip code 07111. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $648,900.

In November 2024, from all listings sold in Irvington, NJ there were more than 7 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of listings in Irvington, NJ increased by 19.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $360,000, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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