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!
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0BEDS
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0.3ACRES
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01/2 BATHS
School Ratings & Info
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!
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Data last updated 2026-09-07T10:48:40.287.