Kearny, NJ 07032 · Investment · For Sale · MLS 260014150
739-741 Schuyler Ave
$1,299,888
Investment
Use
7
Days Listed
About this property
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
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationKearny, NJ 07032
MLS #260014150
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Kearny zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 739-741 Schuyler Ave?
The asking price is $1,299,888.
What is 739-741 Schuyler Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Kearny zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 739-741 Schuyler Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
