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53 Grove Ter, Irvington, NJ, 07111

3beds
2baths
0sqft
$479,999
--price/sqft
$3,702/moest. monthly cost
$148,080/yrincome needed

About This Home

Welcome to 53 Grove Terrace in Irvington, a great opportunity for both homeowners and investors! This 2-family home features a 1 bed, 1 bath unit and a 2 bed, 1 bath unit with a covered front porch. Both apartments are move-in ready while still offering the opportunity to update and add value over time. The home will be delivered vacant at closing, providing immediate flexibility for its next owner. Live in one unit and offset your mortgage by renting the other, or maximize your investment potential by leasing both units. Additional features include a private driveway, detached 2 car garage, and a basement with plenty storage space which both units have access to. The first floor unit has been owner-occupied, while the second floor unit has been occupied by a month-to-month tenant who is prepared to vacate. Conveniently located just minutes from major highways, Newark Airport, shopping, dining, and public transportation. Enjoy easy access to New York City, the Prudential Center, and all that North Jersey has to offer. Property is being sold strictly AS-IS. Whether you're an investor looking to expand your portfolio or a buyer seeking a home with income-producing potential, this is an opportunity to jump on.

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

4/10
3/10
University Middle SchoolGrades 6-80.4 mi
1/10
Irvington High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1923

Materials

  • Roof: Asphalt Shingle,See Remarks
  • Construction materials: See Remarks,Steel Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater (See Remarks)

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Kitchen,Living Room,Master Bedroom,See Remarks,Eat-In Kitchen

Heating & Cooling

  • Heating features: Radiators - Hot Water,See Remarks,Natural Gas
  • Cooling features: See Remarks,Wall Unit(s),Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1609001270000000050000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 32 x 90

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,See Remarks,Detached Garage,Garage,On-Street Parking
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,427$29,124
Home Insurance *$243$2,916
Property Taxes $839$10,068
Electricity $193$2,318
Total$3,702$44,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,925/yr
40% on housing$111,060/yr
45% on housing$98,720/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07111$271
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07111$304
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-18Listed for sale$479,999

For Sale by Agent

AgentEduard Stulak
BrokerageReal

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