739 Schuyler Ave, Kearny Town, NJ 07032

$1,299,888

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List Price
$1,299,888
Days on Market
95
Status
ACTIVE
MLS#
4041546
Lot Size (Acres)
0.3
Year Built
1920

Property Description

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. 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!

Additional Information

Area
Kearny Town
Utilities
See Remarks
Taxes
$20,361
Exterior
See Remarks
Water
Association
Cooling
No Cool
Roof
See Remarks
Show Address
Yes

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Listing Courtesy Of KELLER WILLIAMS PARK VIEWS, Contact: 201-232-4339

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