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
739 Schuyler Ave, Kearny Town NJ 07032-4233
Property City
Kearny Town
Property Price
$1,299,888
Year Built
1920
Tax Annual Amount
$20361
TaxYear (*text)
2025
Roof (*text)
See Remarks
Lot Size Area
0.30
MLS Status
Active
MLS #
4041546
Yearly Tax Rate
10.848
Year Built (*numeric)
1920
Basement
No
Roofing (*text)
See Remarks
Days On Market
0
Basement (*text)
No
Cooling (*text)
No Cool
GarageSpaces
15
Heating
Baseboard - Electric
Lot Size Dimensions
107.8X120.77
Data import from
GSMLS