331 Union Ave

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331 Union Ave

Irvington, NJ 07111
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial asset available for acquisition in Irvington New Jersey
  • Versatile mixed-use property situated at 331 Union Avenue
  • Located within a highly accessible and populated Essex County market
  • Suitable for diverse commercial or residential investment strategies
  • Provides strategic proximity to major North Jersey transportation networks

What's Special

This mixed-use property at 331 Union Ave in Irvington, NJ, is currently available for purchase by investors seeking to expand their commercial footprint in the region. Situated within a densely populated suburban environment just outside of Newark, the asset provides proximity to major metropolitan transit arteries and serves a stable regional workforce. The site offers versatility for those looking to capitalize on the integration of residential and commercial spaces within a key Essex County corridor. Owners and operators can leverage the surrounding community infrastructure to establish a presence in a market that remains central to the broader North Jersey economy. Given the site footprint and zoning potential, this location is suitable for various configurations of retail, service-oriented business, or residential leasing operations. Prospective buyers can assess the current utility of the structure to align with long-term investment goals in an established urban-adjacent municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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