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$875,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • 3 Car Garage
  • Updated 11 hours ago
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Excellent investment opportunity! Calling all investors and owner-occupants seeking an income-producing property with exceptional upside potential! Being sold strictly "AS IS", this spacious four-family home offers the ideal combination of strong income potential and generous living space. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this property presents outstanding income-producing potential. The second-floor units each feature 3 bedrooms and 1 full bathroom, while the first-floor units each offer 2 bedrooms and 1 full bathroom, providing a desirable unit mix to maximize rental income. Each apartment offers spacious living rooms, eat-in kitchens, hardwood flooring, and abundant natural light. The finished basement, complete with two full bathrooms, separate entrances, and additional finished space, offers excellent flexibility for storage or other permitted uses. Buyer is responsible for conducting their own due diligence regarding the legal use of the basement. Additional highlights include separate utilities, a private driveway leading to a one-car garage, a shared driveway providing access to a detached two-car garage, and ample off-street parking. This property offers an exceptional opportunity for investors and owner-occupants alike. Don't miss this rare opportunity to own this four-family property with strong cash flow potential.

Full Property Details for 77 40th St

General

  • Price: $875,000
  • Taxes: $20,476 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4040271
  • Updated: 7/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 20
  • Interior Features: Fire Extinguisher, See Remarks, Skylight, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 10

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: From Springfield Ave or Stuyvesant Ave to 40th Street.

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: Baseboard - Hotwater
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: Fourplex
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Flat
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 53 x 100
  • Driveway/Sidewalk: 1 Car Width, 2 Car Width, Driveway-Shared

Financial Considerations

  • Expenses: Cold Water, Insurance, Taxes
  • Operating Expenses: $26,000
  • Assessment Amount: $634,200
  • Land Assmt: $157,300
  • Tax Amount: $20,476
  • Tax Year: 2025

Disclosures and Reports

  • Block: 367
  • Lot Number: 17

Listed by Gold Standard Realty

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Listing agent

— 77 40th St —

  • Gold Standard Realty

908-344-3518

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 77 40th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$875,000
169.23%
MLS
6/03/2004
Sold
$325,000
—
Public Record
Get Price Alerts and Save Property
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 for 77 40th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,476
66%
$791,500
283%
2022
$12,327
—
$206,800
—
2021
$12,365
33%
$206,800
—
2021
$9,276
-21%
$206,800
—
2018
$11,790
-2%
$206,800
—
2019
$12,023
2%
$206,800
—
2017
$11,736
2%
$206,800
—
2016
$11,482
2%
$206,800
—
2015
$11,215
-5%
$206,800
—
2013
$11,758
—
$206,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Gold Standard Realty

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77 40th St, Irvington, NJ 07111 (MLS# 4040271) is a Multi-Family property with 4 units containing 10 bedrooms and 6 full bathrooms. 77 40th St is currently listed for $875,000 and was received on July 13, 2026. Want to learn more about 77 40th St? 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.

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