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$1,250,000 -$50,000 (-3.85%) Price Reduced
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Property Description
Investors! This is the opportunity you've been waiting for! This fully renovated legal 6-unit multifamily property is a true cash-flow generator and a standout addition to any real estate portfolio. This property sits on a double lot! (502/504) Major improvements have already been completed for you! The property has been fully renovated, including a brand-new roof and a new asphalt driveway, significantly reducing deferred maintenance and capital expenses. This is a turnkey investment you can step into with confidence. Situated on a rare double lot, the property offers parking for up to 12 vehicles which is a tremendous advantage that increases tenant demand and long-term value. With solid income potential, major upgrades already done, and excellent on-site parking, this property checks all the boxes for investors looking to generate reliable cash flow.
Full Property Details
Full Property Details for 502 Stuyvesant
General
- Price: $1,250,000
- Taxes: $18,900 (2024)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4011029
- Updated: 4/3/2026
- Added to Site: 39 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
Additional Information
- Equipment: Appliances, Fire Alarm
Parking
- Parking: Additional Parking, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Turn left onto Cleremont Ave, turn Left Lyons Ave, turn Right Stuyvesant Ave.
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Walk-Out
- Roof: Asphalt Shingles
- Ceiling Height: 999
- Stories in Building: 2
- Square Feet: 9,999
- Aprox. Leasable: 4,486 Sq. Ft.
Unit Information
- 1 Bedroom Units: 5
- 2 Bedroom Units: 1
- Units w/Full Bath: 6
Lot Features
- Lot Size: 40.20 X IRREG.
- Zoning: MIXUSE
- Lot Description: Irregular Lot
Financial Considerations
- Price Per Sq. Ft.: $289
- Assessment Amount: $923,000
- Land Assmt: $210,000
- Tax Amount: $18,900
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases
- Disclosures: Yes
- APN: 1609-00035-0000-00006-0000-
- Block: 35
- Lot Number: 6
Listed by Nest Seekers New Jersey Llc
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Schools
Schools serving 502 Stuyvesant
School District:Irvington Township School District
| Name | Grades | Distance |
|---|---|---|
University Elementary School 1 University Place, Irvington, NJ 07111 | K-5 | 0.8 mi |
University Middle School 255 Myrtle Avenue, Irvington, NJ 07111 | 6-8 | 0.8 mi |
Union Avenue Middle School 427 Union Avenue, Irvington, NJ 07111 | 6-8 | 1.1 mi |
Irvington High School, Irvington, NJ 1253 Clinton Avenue, Irvington, NJ 07111 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 Stuyvesant
Date
Details
Price
Change
Source
4/03/2026
Price Reduced
$1,250,000
-3.85%
MLS
2/23/2026
Listed
$1,300,000
276.81%
MLS
12/20/2018
Sold
$345,000
—
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 502 Stuyvesant
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,901
4%
$923,000
203%
2022
$18,181
—
$305,000
—
2021
$18,236
33%
$305,000
—
2021
$13,681
-23%
$305,000
—
2019
$17,733
2%
$305,000
—
2018
$17,388
—
$305,000
—
2017
$17,309
2%
$305,000
—
2016
$16,934
2%
$305,000
—
2015
$16,540
35%
$305,000
—
2013
$12,285
—
$305,000
—
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 502 Stuyvesant
502 Stuyvesant, Irvington, NJ 07111 (MLS# 4011029) is a Apartment property. 502 Stuyvesant is currently listed for $1,250,000 and was received on February 23, 2026. Want to learn more about 502 Stuyvesant? Do you have questions about finding other Apartment real estate for sale in Irvington? You can browse all Irvington real estate or contact a Coldwell Banker agent to request more information.

