1406 Springfield Ave, Irvington, NJ, 07111
About This Home
Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years. Property features central air and heat throughout, a 3-car garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement. Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: See Remarks
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
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
- Heat Wave
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,545 | $102,540 |
| Home Insurance * | $857 | $10,284 |
| Property Taxes | $2,957 | $35,484 |
| Electricity | $193 | $2,318 |
| Total | $12,552 | $150,624 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $1,690,000 |
For Sale by Agent
View on Zillow