Property Description
Large 6 bedrooms corner lot multifamily located seconds away from the garden state parkway in need of TLC. Unit 1 & 2 can be converted into a 3 bedroom apartment. Unit 2 has 4 bedrooms spread over 2 floors, 3rd floor unit was previously a self-contained 1 bedroom apartment. Potential Rental Income Unit 1 = $1,600 – $1,800 Unit 2=$1,800- ,$2,200 , Total Potential Rental Income : $3,400 – $4,000. Large basement with the potential to create additional living space. Detached rear double garage. Close to all local transportation & easy commute to New York City. Great opportunity for owner-occupier that want their tenants to pay the mortgage or a landlord looking for a solid investment opportunity. Seller is willing to complete cosmetic repairs and updates to meet FHA requirements or provide a seller’s credit for strong offers. Home will be delivered completely vacant. Repairs & updates the home will be worth between $450-480K+. Owner holds a New Jersey Real Estate License. Easy show!
Features
: 3 Units
: None, Seerem
: Full, Unfinished, Walkout
: Asphalt Shingle
: 2 Car Width
: Brick, Aluminum Siding
: Enclosed Porch(es), Metal Fence
: Detached Garage
: Smoke Detector, Carbon Monoxide Detector, Fire Extinguisher, Carpeting, Wood Floors, Vinyl-linoleum Floors, Tile Floors
2
: All Underground
: Public Water
: Gas
: 2
Address Map
MADISON AVE
79
0
W75° 46' 31.8''
N40° 43' 48.2''
GARDEN STATE PARKWAY MADISON AVE
MLS Addon
RE/MAX FIRST REALTY II
292273
1970-01-01
: Level Lot
5205
R2
$0
$0

Multi-Family For Sale

79 MADISON AVE, Irvington Twp., 07111-3363

6 Bedrooms
2 Bathrooms
2,607 Sqft
$349,950
Listing ID #35909
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 35909
Ref ID : 3749053
Price : $349,950
Bedrooms : 6
Bathrooms : 2
Square Footage : 2,607 Sqft
Year Built : 1953
Lot Area : 0.06 Acre
Country : US
County : Essex
City : Irvington Twp.
Zipcode : 07111-3363
Days On Market : 32
Status : Active
Lot Size : 30 X 90
Taxes : $9,250
Tax Year : 2020
Active Days on Market : 448
Agent info
Century 21 Gemini LLC
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent

Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern