197 Park Pl, Irvington Twp. NJ 07111-2228

Property City
Irvington Twp.
Property Media
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Property Price
$725,000
Bedrooms
10
Year Built
1921
Tax Annual Amount
$15312
TaxYear (*text)
2025
Roof (*text)
Composition Shingle
Lot Size Area
0.14
MLS Status
Active
MLS #
4011783

Rare opportunity to acquire a uniquely configured multi-income property in Upper Irvington. Currently set up with FIVE separate living spaces, offering flexibility for investors, house hackers, or buyers looking to have separate guest quarters. The main building features: Two 3-bedroom, 1-bathroom full apartments (One currently occupied & one delivered vacant) In addition, the property includes three additional income-producing spaces: A 2-bedroom, 1-bathroom full lower level apartment and a private single-room suite with its own bathroom and kitchenette. Also, a converted studio apartment in the rear of the property. Every unit and space includes its own washer and dryer, a revenue generating amenity that supports strong rental appeal and premium pricing. With only one unit currently occupied, the next owner has the opportunity to reposition rents to market value, continue or expand short-term rental use, house hack and live in one unit while collecting income. This is not a cookie-cutter multi-family! It's a flexible income property designed for someone who understands how to maximize cash flow. Strong rental demand area with convenient access to transportation, shopping, and major routes.

Yearly Tax Rate
2.587
Year Built (*numeric)
1921
Basement
Yes
Roofing (*text)
Composition Shingle
Days On Market
3
Basement (*text)
Yes
Cooling (*text)
2 Units
Heating
2 Units, Forced Hot Air
Lot Size Dimensions
50 X 125
Property Location

40.71982, -74.24053

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762