11-15 Silkman Place | Irvington, NJ

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the new construction multi-family building located at 11-15 Silkman Place in Irvington, New Jersey (“the Property”).​ The Property consists of a three-story multi-family building containing eight (8) residential units comprised of four (4), 3-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, and one (1), 1-Bedroom/1-Bathroom unit with 8,974 square feet of living area on a 0.17-acre parcel of land.​  The new construction Property also has an on-site management/owner’s office (with a full bathroom) and features gated and covered on-site parking, and two (2), on-site laundry facilities.​

The new construction Property is well located along Silkman Place, a quiet tree-lined street in a densely populated residential neighborhood in the heart of Irvington.​ The Property is close to Clinton Avenue and Springfield Avenue, two of the area’s primary commercial corridors.​ 11-15 Silkman Place is 2.1-miles from East Orange Train Station, 3.5-miles from the Newark Broad Street Station and 3.4-miles from Newark’s Penn Station with direct service to Manhattan’s Penn Station.​  The Property also offers convenient access to the Garden State Parkway, Interstates 280 and 78, and NJ Route 21, as well as area schools, national retailers, and Downtown Newark.​ 

Irvington is a residential suburb of New York City, located in Essex County.​ The community is 13.5-miles west of New York City.​

NEW CONSTRUCTION ASSET: The new construction Property features an attractive architectural design. The units offer high end kitchens with custom cabinets, quartz countertops, and stainless-steel appliances.  The bathrooms feature bathtub/shower combinations with upgraded vanities and contemporary fixtures. All of the units also feature luxury vinyl plank flooring and ample closet space. The Property has an on-site management/owner’s office with a full bathroom, and offers gated and secured covered parking, four (4) electric vehicle charging stations, an elevator, and on-site laundry facilities with a washer and dryer on each floor.

DESIRABLE RESIDENTIAL UNITS: The residential units offer desirable one, two, and three-bedroom layouts and are individually metered for electricity, heat, and hot water. The Property offers convenient access to area shopping, schools, and municipal parks (West Side Park and Vailsburg Park). 

CONVENIENT LOCATION: The Property is well located along Silkman Place in a densely populated residential neighborhood. The Property is close to Clinton Avenue and Springfield Avenue, two of the area’s primary commercial corridors. The Property provides easy access to local and national retailers (Home Depot, Save A Lot, Walgreens) and restaurants (Applebee’s, McDonald’s, Wendy’s, Popeye’s) in the area, as well as numerous schools (several area elementary, middle, and high schools, Seton Hall University, and the New Jersey Institute of Technology) and the University Hospital.

TRANSIT ORIENTED LOCATION: 11-15 Silkman Place is 2.1-miles from East Orange Train Station, 3.5-miles from the Newark Broad Street Station and 3.4-miles from Newark’s Penn Station with direct service to Manhattan’s Penn Station.  The Property also offers convenient access to the Garden State Parkway, Interstates 280 and 78, and NJ Route 21.  The Property is also within walking distance of several municipal bus stops.

SETON HALL UNIVERSITY: Located approximately 1.7-miles from the Property, Seton Hall University is a private Catholic research university in South Orange, New Jersey. As of the fall semester of 2024, there were approximately 10,400 total enrolled students, and more than 1,000 faculty and staff members. Seton Hall offers more than 90 rigorous majors, Seton Hall's academic excellence has been singled out for distinction by The Princeton Review, U.S. News & World Report and Bloomberg Businessweek.

STRONG DEMOGRAPHICS: Over 72,100 people live within 1-mile of the Property with an average household income of $73,443.  An impressive 426,300 people live within 3-miles of the Property with an average household income of $92,943. Additionally, there are more than 123,800 employees within 3-miles of the Property.