40 Johnston Ave, Kearny Town NJ 07032-1120

$1,699,900
Active
Kearny Town

About this home

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!

Taxes & fees

Annual property tax
$19,233
Tax year
2025
Tax rate
10.848

Property details

Year Built
1920
Roof (*text)
Rubberized
MLS #
4050631

Features & amenities

Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Rubberized
Days on market
2
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
See Remarks
Lot dimensions
25X83IRR
Property Location

40.7535, -74.16105

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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