1053-1055 Springfield Ave | Irvington, NJ 07111
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1053-1055 Springfield Ave
Irvington, NJ 07111
Springfield Avenue Retail · Retail Property For Sale
Investment Highlights
- Value-add opportunity on a main road in urban northern New Jersey, ideal for an investor to enter a covered and high barrier to entry market.
- M & E1 Jewelers, Inc., the sole tenant, is on a month-to-month lease giving a new owner the ability to quickly re-lease the entire building.
- Situated in a core retail market with easy access to and from I-78, Garden State Parkway, Newark Airport, and also supported by a dense population.
- At the center of a strong commercial node along Springfield Ave accompanied by tenants like Footlocker, BP Gas Station, Wells Fargo, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
5,400 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.13 AC
Zoning
CBD - Central Business District, Downtown Mixed-Use
Frontage
22 FT on Springfield Ave
Amenities
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 09-00080-0000-00013 | Improvements Assessment | $549,700 |
| Land Assessment | $187,400 | Total Assessment | $737,100 |
PROPERTY TAXES
Parcel Number
09-00080-0000-00013
Land Assessment
$187,400
Improvements Assessment
$549,700
Total Assessment
$737,100
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