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357 16th Ave, Irvington, NJ, 07111

3beds
1.1baths
2,600sqft
$399,900
$154price/sqft
$3,209/moest. monthly cost
$128,360/yrincome needed

About This Home

Legal 2-family opportunity in Irvington's R-2 zone, offering strong value-add potential for investors and owner-occupants with vision. The property is not currently configured as a 2-family. It features a second-floor residential apartment and a ground-level space previously used for commercial purposes, including a half bathroom and open layout. Due to the lapse in nonconforming use, the path forward is residential. The opportunity lies in converting the lower level into a second dwelling unit, subject to buyer due diligence, renovation, and municipal approvals. Ideal for buyers looking to create an income-producing property or live in one unit while building equity using renovation financing. The second-floor unit offers three bedrooms with updated finishes. The ground level provides open space with access to basement storage. Separate utilities are in place. Strictly AS-IS sale. Property will be delivered vacant. Buyer is responsible for all municipal inspections, certifications, and obtaining a Temporary Certificate of Occupancy from the Township of Irvington. Conveniently located near Grove Street with access to transportation and local amenities. Buyers must verify all zoning and conversion requirements.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

4/10
3/10
University Middle SchoolGrades 6-80.5 mi
1/10
Irvington High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Flat
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks,Range/Oven - Gas,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1.1
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • See Remarks,Bedrooms,Kitchen,Living Room

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: 1 Unit,See Remarks

Interior Area

  • Total structure area: 2,600
  • Total interior livable area: 2,600 sqft

Property

Details

  • Parcel number: 1609001550000000170000
  • Zoning description: R-2
  • Exclusions: Personal property

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Features: Level
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Off Street,See Remarks,Built-In Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $2,022$24,264
Home Insurance *$202$2,424
Property Taxes $699$8,388
Electricity $286$3,439
Total$3,209$38,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,022/yr
40% on housing$96,270/yr
45% on housing$85,573/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

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 07111$272
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
2026-04-15Listed for sale$399,900

For Sale by Agent

AgentJames Hughes
BrokerageKeller Williams - Nj Metro Group

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