Irvington Twp., NJ 07111 1400 Springfield Ave
$1,099,000
Presented By: COLDWELL BANKER REALTY; 646-344-9964
- MLS# 3952833
- 03/24/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 4
SQFT • 6,200
Home Details
Introducing 1400 Springfield Ave Shops, a fully stabilized neighborhood retail center in the Upper Irvington section of Irvington, NJ. This +6,200 SF building comprises 4 commercial leaseholds dba assorted local business types inclusive of food/tax/laundromat services, and is zoned B-4; General Business. Located along the I-78/Garden State Parkway corridor of East Essex County, this property boasts a 100% occupancy rate, presenting in-place cashflow for the discerning Core Plus long-term hold investor. With strategic county thoroughfare geography along Springfield Ave (approx. 42,258 VPD within 0.10 mile radius) adjacent to the suburban Maplewood border and rental income upside from below-market lease rates, this retail strip center asset offers a compelling investment proposition for continued financial growth.
Presented By: COLDWELL BANKER REALTY; 646-344-9964
Interior Features for 1400 Springfield Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath0
Half Baths4
Other Interior Features
Price Per Sq Ft176.34
Available Sq Ft6200
Num 3 Bdrm Units0
Num 2 Bdrm Units
Num 1 Bdrm Units
Fuel TypeGas-Natural
Total Stories1
General for 1400 Springfield Ave
ConstructionBrick/Block
CoolingSee Remarks
CountyEssex
DirectionsChancellor Ave or Lyons Ave to Springfield Ave
Documents AvailablePro Forma
DriveNone, On-Street Parking
EasementUnknown
Equipment AvailableSmoke Detector
Farm AssessmentNo
Garage Spaces
HeatingForced Hot Air
Leasable Area
LocationBusiness District
Net Operating Income77852
Num Apts
Number Of Units Total4
OwnerPaysSewer, Water
OwnershipFee Simple
PossessionAt Closing
Prior UseGeneral Retail
Property TypeMixed Use, Office/Retail, Retail Complex
Property TypeRetail Complex
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameUpper Irvington
Tax Annual Amount27706
Tax Assessed Value1087300
Tax Lot12
Tax Year2024
Tenant PaysElectric, Gas, Heat, Hot Water
Town #1609
TownshipIrvington Twp.
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built1931
ZoningB-4
Exterior for 1400 Springfield Ave
Building Area Total6200
Exterior DescriptionBrick/Block
Lot Dimensions75.28 X IRR.
Lot Size Acres0.14
Max Ceiling Height8
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
