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721-731 Chancellor Avenue, Irvington, NJ 0711 721-731 Chancellor ave 7,625 SF 100% Leased Retail Building Irvington, NJ 07111 $1,799,900 ($236.05/SF)



EXECUTIVE SUMMARY
Don't miss this prime corner commercial investment opportunity at the high-visibility intersection of Chancellor Avenue and Union Avenue in Irvington, NJ! This well-maintained, income-producing property spans approximately 7,625 sq. ft. on a 0.23-acre lot ( 10,010 sq. ft.) and includes six fully leased retail storefronts, each occupied by long-term, established tenants providing consistent, reliable income with minimal turnover. The property also features a rear loading area, offering convenient access for deliveries and day-to-day operations. Its corner location provides dual frontage and exceptional exposure along one of Irvington's most traveled retail corridors. Strategically located near I-78, the Garden State Parkway, and public transportation, this asset combines stability with upside potential in a market experiencing steady revitalization and commercial growth. An outstanding opportunity for investors looking to capitalize on Irvington's expanding commercial landscape!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,625 SF
Building Class
C
Year Built
1960
Price
$1,799,900
Price Per SF
$236.05
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.22 AC
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-00298-0000-00001 | Improvements Assessment | $450,200 |
| Land Assessment | $337,500 | Total Assessment | $787,700 |
PROPERTY TAXES
Parcel Number
09-00298-0000-00001
Land Assessment
$337,500
Improvements Assessment
$450,200
Total Assessment
$787,700
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721-731 Chancellor Avenue, Irvington, NJ 0711 | 721-731 Chancellor ave
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