40 Johnston Ave Kearny, NJ $ 1,699,900
40 Johnston Ave
$ 1,699,900
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40 Johnston Ave

Kearny, NJ, 07032
$ 1,699,900
Bedrooms-- Baths--

Monthly Estimate*

$ 10,733

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Commercial Property for sale in Kearny, NJ

for $1,699,900. This building was built in 1920.

Excellent opportunity to own a 6-family multifamily investment property with strong income potential. The building features six residential units, including two 2-bedroom apartments and four 1-bedroom apartments. Two units are currently vacant, providing an immediate opportunity for an owner-occupant, investor, or buyer looking to renovate, lease, and maximize rental income. Each unit has separate utilities, helping streamline operating expenses and tenant responsibility. Great opportunity for a multifamily investor, rental property investor, value-add buyer, or portfolio investor seeking to add a 6-unit property to their portfolio. Convenient location with access to transportation, shopping, schools, and major roadways. Bring your vision and unlock the potential of this income-producing multifamily property!

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Commercial Active

Price

$ 1,699,900

Property Type

Commercial

Taxes

$ 19,233

Style

Year Built

1920

Town/City

Kearny

County/Region

Hudson

MLS | Web ID

4050631

Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating See Remarks
Cooling Window A/C(s)
Utilities Gas-Natural
Possession TBD
Roof Rubberized
Zoning .
Year Built 1920
Township Kearny Town
Property Type See Remarks See Remarks
Tax Year 2025
Ownership Fee Simple
Location Business District Residential Area
County Hudson
Subdivision Name Kearny
Status Active
Directions Passaic Ave. to Johnston Ave.
Number Of Units Total 6
Tax Annual Amount 19233
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 177300
Town # 1807
Tax Lot 6
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 0
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Exterior
Water Source Public Water
Exterior Description Brick/Block Vinyl Siding
Building Area Total 0
Lot Dimensions 25X83IRR
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* Excluded Features
List By
JORGE VELASQUEZ

Listing Agent

Re/Max Professionals I

Broker

jvelasquez21@verizon.net

Email

Affordability Calculator

$12,336
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,733
Monthly Property Taxes
$1,603
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,699,900 Listed Price

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40 Johnston Ave, Kearny, NJ, 07032 is a Commercial Property for sale at $1,699,900. 40 Johnston Ave was built in 1920. The property's zip code is 07032 which is in Kearny, NJ