1053-1055 Springfield Ave
Irvington, NJ 07111

Marcus & Millichap is pleased to exclusively list for sale a two tenant retail building on Springfield Avenue in Irvington, NJ (Essex County). Springfield Avenue is a very busy local thoroughfare benefiting from constant foot traffic. There is limited vacancy in the immediate area. Over 57,000 people reside within a one mile radius. The asking price of $1,675,000 represents a 8.01 percent cap rate. Irvington is a township located in Essex County, New Jersey. The subject property is approximately 16 miles southwest of New York City. Irvington is a distinctive community that merges the easy mobility and amenities of big-city living with the charm of attractive residential districts. The major roadways that cut through the township are Interstate 78, and the Garden State Parkway. Local roads include Route 124 and County Road 509. Irvington Bus Terminal is one of New Jersey Transit' s busiest facilities and regional transit hubs. NJ Transit provides bus service to destinations such as Port Authority Bus Terminal in Midtown, Manhattan on route 107; Newark on routes 1, 13, 25, 27, 37, 39, 42, 70, 90, and 94; and local service on routes 26 and 96. Airline service is available at Newark Liberty International Airport in neighboring Newark and Elizabeth.