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Listed by Mathew Meisels • New and Modern Group • (732) 962-2148
$ 648,900
Est. payment /mo
Active
11 Elmwood Terrace Irvington, NJ 07111
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24038175
Style 2 Family
Bedrooms 7
Full Baths 4
Annual Tax Amount $19,980
Property Sub-Type 2 Family
Property Description
Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit 2: 4 bedrooms, 2 full baths across two floors. Includes a modern kitchen, tiled bathrooms, washer/dryer hookups, and a private deck. Both units share a spacious backyard and driveway for added convenience. Irvington's ongoing property revaluation (set to complete in 2025) is expected to lower the tax rate to approximately 3%, potentially reducing taxes from approximately $19,980 to approximately $16,000. A 5-year tax abatement could further lower taxes to approximately $15,000a year.
Location
State NJ
County Essex
Area Irvington
Interior
Heating Gas
Fireplaces Type None
Laundry Hook Ups
Exterior
Exterior Feature Vinyl
Parking Features None
Utilities Available Sep Elec, Sep Gas, Sep Heat, Sep Water
Waterfront Description None
View None
Building
Lot Description Regular
Architectural Style Top/Btm
Others
Ownership Private
Miscellaneous None
