This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1 Roosevelt Ter
Irvington, NJ 07111
Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 15,050 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 0.13/1,000 SF |
| Zoning | R-4 - Apartment | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 15,050 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Parking Ratio | 0.13/1,000 SF |
| Zoning | R-4 - Apartment |
ABOUT 1 ROOSEVELT TER , IRVINGTON, NJ 07111
Gebroe-Hammer, in conjunction with RealINSIGHT Marketplace, is pleased to present 16 apartment-home units at Roosevelt Terrace Apartments, located at 1 Roosevelt Terrace at the corner of Grove Street in the Township of Irvington, N.J. Built in 1927, this distinct-in-character three-story property is strategically situated within East Essex New Jersey’s Greater Newark/ The Oranges region, just blocks from Newark’s historic West Ward and less than three miles to rail service offering 20-minute service to Midtown Manhattan/New York Penn Station. As a prominent fixture within the heart of Irvington’s commuter-friendly Grove Street/16th Avenue neighborhood, Roosevelt Terrace Apartments is comprised of 12 one-bedroom and 4 two-bedroom layouts. Thanks to its prominent location within a region undergoing sweeping revitalization, as well as connectivity to major employment hubs and abundant experiential services such as dining, retail and cultural and recreational venues, Roosevelt Terrace Apartments is well-poised for significant property repositioning associated with valueadd capital improvements and unrivaled proximity to Northern New Jersey’s premier urban-chic submarkets. Investment Highlights Significant value-add property-repositioning potential associated with implementation of contemporary finishes to kitchens, baths, living and community spaces Immediate highway connectivity to Garden State Parkway, I-280 and I-78, County Road 509 and Route 124 In-demand, strategic locale within the Newark-East Orange-South Orange corridor, just 16 miles east of Midtown Manhattan and 2.4 miles east of Downtown Newark
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
PROPERTY TAXES
| Parcel Number | 09-00155-0000-00010 | Improvements Assessment | $960,000 |
| Land Assessment | $560,000 | Total Assessment | $1,520,000 |
PROPERTY TAXES
