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Listed price in listed location currency (USD).
$1,600,000

000

MLS® 250000177

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Lot Size 
Approx. Age 
MLS® Number 250000177

Property Address: 326 Kearny Ave, Kearny, NJ, 07032-2644

Average square foot calculated using Size range provided by listing agent.

Description

Situated in a bustling high-traffic area, this three-story brick building boasts two store fronts and five 2-bedroom residential rental units. The property is zoned for commercial use (4A), offering a lucrative opportunity for savvy investors. All units rented and all tenants PAY ON TIME!!! Currently, the rental income has great potential for growth, especially with the recent renovation of one second- floor residential unit, which is rented for $2, 200 per month. Each residential unit is approximately 1, 000 sq. ft and comes equipped with a refrigerator and gas stove, enhancing the appeal for tenants. Noteworthy recent upgrades include a $20, 000 roof repair with a new skylight, $35, 000 invested in residential unit enhancements, and $7, 000 in improvements to the common areas. The storefronts underwent $100, 000 in renovations to attract potential lessees. With close proximity to New York City and NY transportation, this property offers promising returns in a rapidly developing area. Don't miss out on this excellent investment opportunity! Contact today to learn more.
MLS® Number250000177
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Apr 15, 2026End Date
-Sold Price

Pending

Jan 3, 2025List Date
$1,600,000List Price

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