739 Schuyler Ave, Kearny, NJ 07032 Photo
739 Schuyler Ave Kearny, NJ 07032
$1,299,888
Active / MLS# 4041546 / Commercial - Business / Kearny
0 Beds
6 Baths
6 Half Baths

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, the apartment units will be delivered completely vacant at closing, allowing you to set your own market rents immediately in an area known for exceptionally high rental demand. 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

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Property Details

Property Type: Commercial - Business
Cooling: No Cool
Fuel Type: Gas-Natural
Heating: Baseboard - Electric
Lot Size: 0.30 Acres
Stories: 3.0
Taxes: $20,361
Year Built: 1920

Feature Descriptions

Lot Dimensions: 0.30 acre(s)
Max Door height: 0
Number of Doors: 1
Parking Spaces: 15
Sewer: Association
Units: 5
Water: Association

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS PARK VIEWS
Agency Contact: 201-232-4339

Shown By

Agent Name: Dawn Comiskey -ABR
Agent Phone: (732) 829-2816
Agency Title: Hallmark Realtors

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