Active
326 AVE
Kearny NJ, 07032
$1,600,000
Active
7 Baths
Commercial
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. 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 us today to learn more.
250000177
MLSⓇ ID
January 3, 2025
Listed
January 11, 2025
Updated
Map
326 AVE
Kearny NJ, 07032
Interior Features
Total Stories
3
Total Bathrooms
7
Full Bathrooms
5
Half Bathrooms
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Kearny
Days on Market
7
Garage
No
View
No
County
Hudson
Pool
No
Courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP with SIMONE PIETRUNTI,
Listing Contact: 201-547-1500
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Data last updated on 1/11/2025 at 1:27 AM UTC