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Mixed-Use Apartment Building
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577-581 Kearny Avenue, Kearny, NJ 07032

Pre-war brick walk-up combining apartment residences with an established pharmacy storefront.

Property SizeContact for details
Days on Market143

Property Features for 577-581 Kearny Avenue

General Information

Standard status Active
Property subtype Retail

Units

Unit Mix 16 x 1BR/1BA, 12 x 2BR/1BA
Multifamily Units 28

Additional Details

Public Transit Yes

Building Details

Buildings 1
Construction brick
Listing Agency: Ripco Real Estate
Listed By: Casey Egan · License #NJ
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ripco Real Estate

Investment Insights

Based on property information with market context.

This pre-war brick walk-up contains 28 apartments positioned above a single retail store occupied by Midtown Pharmacy, which has operated at the property since 1952. The residential layout includes sixteen 1-bedroom, 1-bath apartments and twelve 2-bedroom, 1-bath apartments. Upper floors and the roof provide views of the New York City skyline.

The property sits directly across from an NJ Transit bus stop with service reaching the Lincoln Tunnel in 20 minutes. Kingsland Station is a 10-minute drive away and offers direct train access to Manhattan. Landlord-paid building services include heat, hot and cold water, and common electric; residents are responsible for in-unit electricity and cooking gas.

Key Highlights

  • 28 apartments over 1 retail store
  • Residential mix includes sixteen 1‑bedroom and twelve 2‑bedroom apartments
  • Midtown Pharmacy has occupied the retail location since 1952

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 07032, NJ

41,999
Population
15,340
Households
2.7
Avg Household Size
38
Median Age
29%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
4,773
Density / Sq Mi
$83,212
Median Household Income
$45,251
Median Earnings
$1,649
Median Rent
$431,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Pre-war brick walk-up combining apartment residences with an established pharmacy storefront.
Where is this mixed-use property located?
The property is located at 577-581 Kearny Avenue Kearny, NJ.
What are key features of this property?
This property features: 28 apartments over 1 retail store; Residential mix includes sixteen 1‑bedroom and twelve 2‑bedroom apartments; Midtown Pharmacy has occupied the retail location since 1952
(201) 777-2300 Call to check price and availability
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