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    309 Argyle Pl Kearny, NJ 07032

    View on Map
    Sponsored
    For Sale
    $500,000

    Commercial - Kearny Town, NJ

    Property size:
    2,200 SF
    Lot size:
    0.09 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 24 at 12:06 am

    Property Features for 309 Argyle Pl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C3
    Rooms
    Basement
    Basement Y/N
    1
    Size
    2,200 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1957
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Linoleum, Parquet Wood, Vinyl, Wood
    Architectural style
    Other

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    Listing Contact
    MARJORIE T. BROWN

    Keller Williams Towne Square Realty

    Listing agent MARJORIE T. BROWN

    Listing date Mar 20, 2026

    MLS# 4015732 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Kearny Commercial Property For Sale

    This distinctive free-standing property, most recently utilized as a house of worship, is located in Kearny's Commercial C-3 zone. Situated on a 41 x 100 lot at the corner of Belleville Turnpike and Argyle Place, the property benefits from strong visibility, accessibility, and convenient access to major roadways and nearby amenities. The first level offers 2,182 square feet of flexible layout, including a spacious main gathering area along with additional rooms that may serve as offices, meeting rooms, classrooms, or counseling suites. The existing configuration supports both larger group gatherings and smaller private spaces, making it appealing for a variety of organizational, educational, professional, or community-based users. The building is further supported by a full kitchen, two ADA-compliant bathrooms, multiple utility and storage areas, and a side entrance ramp for accessible entry. A full unfinished basement spans the footprint of the building, consisting of 1,770 square feet plus 404 square feet of storage area, providing substantial opportunity for future use, clean storage, and added flexibility for administrative, meeting, or program-related space depending on future needs. Buyers are encouraged to confirm permitted uses with the Town of Kearny as part of their own due diligence. The property size is 2,200 square feet and the lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kearny
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.13547
    Latitude
    40.78007

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    FAQs

    What type of property is this?
    Church & religious facility - Free-standing commercial property in Kearny's C-3 zone.
    Where is this church & religious facility located?
    The property is located at 309 Argyle Pl Kearny, NJ.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime location in Kearny's Commercial C-3 zone at the corner of Belleville Turnpike/Argyle Place, offering high visibility and accessibility.; - 2,182 Sq. Ft. first level with a flexible layout suitable for various uses.; - Full, unfinished basement (1,770 Sq. Ft. + 404 Sq. Ft. storage) providing substantial space for future development or storage.
    (908) 273-2991
    Request Owner's contact information
    309 Argyle Pl Kearny, NJ 07032
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    Kearny, NJ 07032
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    309 Argyle Pl Kearny, NJ 07032
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    Listing Contact
    MARJORIE T. BROWN
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