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$665,000
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Property Description
Large value priced 3 family property in Irvington-; Unit 1 has 3 Beds & 1 Bath-; Unit 2 has 3 Beds & 1 Bath-; Unit 3 has 1 Bed & 1 Bath-; The property has separate utilities for each unit (including central air), and a large backyard that accommodate at least 5 cars-; The current rental rates are $1,600 for the 1st and 2nd floor units. NEW: Both the 2nd & 3rd floor units will be delivered vacant at closing-; A property that's perfect for investors or an owner-occupied Buyer seeking to escape the rental rat race trap.
Full Property Details
Full Property Details for 240 Ellis Ave
General
- Price: $665,000
- Taxes: $7,746 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4002214
- Updated: 12/30/2025
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Between 19th & 20th Avenues
Heating & Cooling
- Cooling Type: 3 Units
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1910
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Kitchen, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 50 x 100
- Driveway/Sidewalk: Blacktop, Off-Street Parking
Financial Considerations
- Operating Expenses: $99,999
- Assessment Amount: $500,500
- Land Assmt: $135,000
- Tax Amount: $7,746
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Tenants personal property (1st floor tenant owns fridge)
- Block: 148
- Lot Number: 4
Listed by Homesmart First Advantage
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Schools
Schools serving 240 Ellis Ave
School District:Irvington Township School District
| Name | Grades | Distance |
|---|---|---|
Berkeley Terrace 787 Grove Street, Irvington, NJ 07111 | K-5 | 0.1 mi |
University Middle School 255 Myrtle Avenue, Irvington, NJ 07111 | 6-8 | 0.4 mi |
Union Avenue Middle School 427 Union Avenue, Irvington, NJ 07111 | 6-8 | 1.8 mi |
Irvington High School, Irvington, NJ 1253 Clinton Avenue, Irvington, NJ 07111 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 Ellis Ave
Date
Details
Price
Change
Source
12/30/2025
Price Increased
$665,000
5.56%
MLS
12/19/2025
Listed
$630,000
687.5%
MLS
1/24/2019
Sold
$80,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 240 Ellis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,746
2%
$372,600
198%
2023
$7,591
2%
$125,000
—
2022
$7,451
—
$125,000
—
2021
$7,474
33%
$125,000
—
2021
$5,607
-41%
$125,000
-24%
2019
$9,529
2%
$163,900
—
2018
$9,344
—
$163,900
—
2017
$9,301
2%
$163,900
—
2016
$9,100
2%
$163,900
—
2015
$8,888
19%
$163,900
—
2013
$7,445
—
$163,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 240 Ellis Ave
240 Ellis Ave, Irvington, NJ 07111 (MLS# 4002214) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 240 Ellis Ave is currently listed for $665,000 and was received on December 19, 2025. Want to learn more about 240 Ellis Ave? Do you have questions about finding other Multi-Family real estate for sale in Irvington? You can browse all Irvington real estate or contact a Coldwell Banker agent to request more information.

