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Residential Income For Sale

98 Delmar Pl, Irvington Twp., Essex 07111-5086

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Property Description

Large Multi Family Opportunity in Irvington with 3 separate units! Spacious 5 bedroom, 3 full bath property situated on a large lot with a detached two car garage, ample parking, and strong value add potential by renovating the basement. A new driveway can be installed prior to closing for offers over the list price. The first and second floors each offer spacious 2 bedroom units, while the third floor features a 1 bedroom apartment, creating flexible options for an owner occupant, house hacker, or investor looking to reduce their taxes through cost segregation. The large full basement includes three additional rooms and a full bath, additional storage and laundry area. The second floor unit is currently rented for $2,100 and used as a 3 bedroom apartment by accessing the apartment from the rear and not utlitizing the living room. Unit 1 & 3 are currently vacant and recently renovated. Potential future rental income may reach approximately $7,800+ per month based on projected rents of $3,500 for the 1st floor unit including basement access, unit 2 $2,500 , and unit 3 $1,800, with possible additional income from washer/dryer access, parking, WiFi, storage and garage access. Conveniently located near South Orange and Maplewood amenities, parks, shopping, dining, public transportation, and major commuter routes. Property may be eligible for grant programs through our approved lenders.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4032552
Price:
$724,500
Year Built:
1930
Lot Area:
0.08 Acre
Status:
Active
Office Name:
RE/MAX FIRST REALTY II
Full Bathrooms:
3
Roof:
Asphalt Shingle
Features
Heating System:
Baseboard - Hotwater, 3 Units, Radiators - Steam
Cooling System:
None, WindowAC
Basement:
Finished-Partially
Architectural Style:
3-Three Story
Exterior Features:
Metal Fence, Wood Fence
Interior Features:
High Ceilings, Carbon Monoxide Detector, Smoke Detector, Walk-In Closet, Fire Extinguisher, Wood Floors, Tile Floors
Sewer:
Public Available
Utilities:
All Underground
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Irvington Twp.
Zipcode:
07111-5086
Street:
Delmar Pl
Street Number:
98
Longitude:
W75° 46' 30.3''
Latitude:
N40° 44' 6.6''
Directions:
LINDEN AVE TO DELMAR PL
Zoning:
R3
Additional Information
Lot Size Dimensions:
36 X 100
Water Source:
Public Water
Number Of Units Total:
3
Lot Features:
Level Lot
Garage:
2
Financial
Tax Annual Amount:
13923
Listing Information
List Agent Mls Id:
292273
List Office Mls Id:
5205
Mls Status:
Active
Modification Timestamp:
2026-06-10T08:36:43Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4032552
Lot Area:
0.08 Acre
$724,500
Agent info
Contact Agent

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