Welcome to this recently renovated 2024 4-family property nestled in a highly desirable commuter-friendly area! Perfectly situated for convenience, this property offers an enticing opportunity for the savvy investor seeking a lucrative addition to their portfolio.Each unit within this charming property has been RECENTLY RENOVATED, ensuring a comfortable living experience for tenants and peace of mind for the next owner asking for top market rents. Current rent covers the mortgage! Offering the opportunity of a starting Cash flow instantly $1,000= 12K passive per year with per month total income potential to grow as rents increase. Boasting a stable rental history, all tenants are currently paying on market rents and on month-to-month leases, providing flexibility and potential for increased returns.This property also qualifies for NACA, Homebuyer downpayment/ closing cost grants, and offers flexible financing options. Seller very motivated for the right buyer.
Property Details
Property Features
Property Information:
Architectural Style: Fourplex
Year Built: 1927
Listing Office:
Office Name: WEICHERT REALTORS
Office Phone: (973) 376-4545
Interior Features
Interior Information:
Appliances: Other
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: Off-Street Parking, See Remarks
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Other
Directions Information:
Directions: PLEASE USE GPS
Price Information
Listing Price Info
Price Summary:
List Price: $825,000
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Housing Market Comparison
See how this home compares to others in Irvington Township, NJ.
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
University Elementary School
1 University Pl
Distance between this listing and this school0.15 miles
Public District Grades PK-5
2
/10
Grove Street Elementary School
602 Grove St
Distance between this listing and this school0.32 miles
Public District Grades PK-5
3
/10
Berkeley Terrace Elementary School
787 Grove St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
Nearby Schools
2
/10
University Middle School
255 Myrtle Ave
Distance between this listing and this school0.19 miles
Public District Grades 6-8
5
/10
South Seventeenth Street Elementary School
619 S 17th St
Distance between this listing and this school0.57 miles
Public District Grades KG-8
3
/10
Speedway Avenue School
701 South Orange Avenue
Distance between this listing and this school0.60 miles
Public District Grades PK-8
Nearby Schools
1
/10
Irvington High School
1253 Clinton Ave
Distance between this listing and this school0.92 miles
Public District Grades 9-12
1
/10
West Side High School
403 S Orange Ave
Distance between this listing and this school0.95 miles
Public District Grades 9-12
5
/10
University High School
55 Clinton Pl
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $47,300. The most common annual income of people living in Irvington Township, NJ is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 58-60 Stockman Pl in Irvington Twp, NJ and zip code 07111. This home was built in 1927. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $825,000.
While more than 7 listings in Irvington Township, NJ in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. In November 2024 in Irvington Township, NJ there were 19.9% more homes for sale than in October 2024. In November 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $360,000.
From Rocket Homes Real Estate and based on county public records data.