357 16th Ave, Irvington Twp., NJ 07111
Essex County
Key Facts
Description
A flexible residential opportunity in Irvington's R-2 zone, offering multiple paths for both end-users and investors. Currently configured with a second-floor residential apartment and a street-level space previously used for commercial purposes, the property is well positioned for repositioning. Based on guidance from the Township of Irvington zoning office, the lower level may be converted to residential use with the addition of garage parking subject to buyer due diligence and approvals. This creates several potential use cases: 1) Owner-occupant seeking a live/work setup or future two-unit configuration 2) Investor looking to create a 2-family income-producing property or 3) Value-add buyer seeking to reposition and increase long-term returns The current layout includes: Second-floor three-bedroom apartment with updated finishes, Ground-level open space with basement storage, Separate utilities, allowing for flexible use and income potential For those exploring further upside, there may also be the potential to expand vertically or reconfigure the layout to increase residential density, subject to township approvals. Located just off Grove Street with convenient access to major transportation routes and neighborhood amenities, the property is well positioned for both immediate use and long-term value creation. Buyers are responsible for verifying all zoning, use, and conversion requirements with the Township of Irvington.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1915
Stories
2
Living Area
2,300 sq ft
Lot Size
0.06 acres
Ownership
Fee Simple
Days on Market
77
MLS® Listing#
4013652
Property Features
Heating
Basement
Construction
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$8,112
Tax year 2025
Assessed Value
$313,600
Parcel Number
1609-00155-0000-00017-0000-
Directions
Between Grove Street and 22nd Avenue.
Affordability Calculator
$79,980
Estimated monthly payment
$2,128/mo
Principal $319,920 · Est. interest $446,317 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Irvington Twp., NJ
- $661,547
- Median Listing Price
- 39
- Median Days on Market
- 2,262
- Median Sq Ft
- $321
- Median Price / Sq Ft
- 3,793
- Active Listings
- This home’s price is 40% below the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Irvington Twp., NJ.
Location
Points of Interest in Irvington Twp., NJ
Showing the Irvington Twp. area map.
Nearby Schools
Independence High School
Secondary · 0.1 mi away
Grove Street Elementary School
Elementary · 0.1 mi away
South 17th Street School
Elementary · 0.3 mi away
Fourteenth Avenue School
Elementary · 0.4 mi away
North Star Academy West Side Park Elementary School
Elementary · 0.4 mi away
Full Gospel Christian Academy
School · 0.4 mi away
University Elementary School
Primary School · 0.5 mi away
Speedway Academies
School · 0.5 mi away
Speedway Avenue School
Elementary · 0.5 mi away
University Middle School
Secondary School · 0.5 mi away
West Side High School
Secondary · 0.5 mi away
Berkeley Terrace Elementary School
Elementary · 0.6 mi away
Harriet Tubman Elementary School
Elementary · 0.6 mi away
Harriet Tubman Pto Aftercare
Elementary · 0.6 mi away
The Leaguers
School · 0.7 mi away
Saint Antoninus School
School · 0.7 mi away
John F. Kennedy School
School · 0.7 mi away
Alexander Street School
Elementary · 0.7 mi away
Achieve Community Charter School
School · 0.7 mi away
Great Oaks Legacy Charter School
School · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 616 Thomas St, City Of Orange Twp., NJ | $279,999 | 3 | 2 | — |
| 152A Boyden Ave 152B, Maplewood Twp., NJ | $279,999 | 1 | 1 | 812 |
| 5415 Richmond Rd 415, West Milford Twp., NJ | $279,999 | 2 | 2 | 1,273 |
| 18 Lake Ave 8A, East Brunswick Twp., NJ | $280,000 | 1 | 1 | — |
| 9 Lakeview Ave, Mount Olive Twp., NJ | $280,000 | 3 | 2 | — |
| 250 Stelton Rd, Piscataway Twp., NJ | $280,000 | — | — | 979 |
Moving Cost Estimate
EXIT Agents in Irvington Twp.
Listing Courtesy: KELLER WILLIAMS - NJ METRO GROUP - 9737837400