945-949 Clinton Ave 9,999 SF 100% Leased Retail Building Irvington, NJ 07111 $2,250,000 ($225.02/SF) 6.50% Cap Rate

Positioned in the heart of Irvington’s revitalizing commercial corridor, 945–949 Clinton Avenue presents a turnkey investment opportunity in one of New Jersey’s most densely populated municipalities. This fully renovated mixed-use asset features six modern apartments above three ground-floor retail units, all 100% leased with market-rate tenants. The 2023 gut renovation ensures minimal maintenance and long-term operational efficiency, with each unit separately metered and retail tenants contributing to real estate taxes.
The residential mix includes three 3-bedroom, 2-bath units and three 2-bedroom, 2-bath units, appealing to both families and professionals seeking quality housing with proximity to Newark and New York City. The retail storefronts are home to established neighborhood businesses, enhancing the property’s stability and community integration.