HIGH CASH FLOW. STRONG LOCATION. ENDLESS POTENTIAL! Welcome to this rare 5-unit, mixed-use investment gem perfectly situated in the high-demand heart of Kearny, NJ. Offering a prime opportunity for savvy investors or 1031 Exchange buyers, this property boasts strong existing income and incredible upside potential.The property generates an impressive Gross Income of $105,600/year with a Net Income of $77,382/year, offering a highly attractive and undervalued 6.45% Cap Rate. Spanning a versatile layout. Adding massive value to the asset is the rare and extensive parking situation, featuring a 1-car garage plus an expansive lot accommodating 15+ vehicles?a premium commodity in Kearny. Zoned R-2 for strong future upside, this property is built for results, steady cash flow, and long-term appreciation. Don?t miss out on this seamless addition to your portfolio. This opportunity won?t last?schedule your private showing today!
| MLS # | 4041546 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 89 |
| Listing Provided By | KELLER WILLIAMS PARK VIEWS | BILLY PENA |
| Garage | 15 |
|---|---|
| Story(s) | 3 |
| Units | 5 |
| Zoning | R-2 |
| Property | 20361 |
|---|
| State | NJ |
|---|---|
| County | Hudson |
| City | Kearny Town |
| Zip Code | 07032 |
| Area | Hudson |
| Listing VS Median (in 07032) | |
Price: $1,299,888 low | high Med: $389,500 On site: 89 low | high Med: 98 | |
| State | NJ |
|---|---|
| County | Hudson |
| City | Kearny Town |
| Zip Code | 07032 |
| Area | Hudson |
| Listing VS Median (in 07032) | |
Price: $1,299,888 low | high Med: $389,500 On site: 89 low | high Med: 98 | |
![]() | $1,299,888739 Schuyler AvenueKearny, NJ 07032 |