Renovated Multifamily
210 Sanford Ave Unit 2, Kearny, NJ 07032
For Sale
New
Contact for pricing
A second-floor residence offers in-unit laundry and access to nearby regional transportation.
Property Size4,373 SF
Price / SF$0.58
Days on Market7
Property Features for 210 Sanford Ave Unit 2
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
in unit washer/dryer
Tile,Wood
Gas-Natural
Second
2 Bedrooms,Bath Main,Kitchen,Living Room
2
In Unit
Bathroom
Public Water
25X175
0.10
Building Details
Year Built
Listing Agency:
RE/MAX PROFESSIONALS I
(551) 239-8040
Listed By:
Reisha Baker
Source:
Skyrealtyintl
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 7:53AM
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 RE/MAX PROFESSIONALS I
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Investment Insights
Based on property information with market context.
This multifamily property includes a renovated second-floor unit with two bedrooms and one bathroom. The residence has modern finishes and an in-unit washer and dryer.
The property is on Sanford Avenue in Kearny, with access to Routes 1 and 9, the New Jersey Turnpike, and NJ Transit. Shopping and dining are also nearby.
The property is on Sanford Avenue in Kearny, with access to Routes 1 and 9, the New Jersey Turnpike, and NJ Transit. Shopping and dining are also nearby.
Key Highlights
- Renovated unit with 2 bedrooms and 1 bathroom
- In‑unit washer and dryer
- Second‑floor residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,248
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,344,960
$1.3M
Cap Rate 7%
$960,686
$960.7K
Cap Rate 9%
$747,200
$747.2K
Market Conditions
NOI Build-Up for 4,373 SF
Gross rent
$131.2K $30.00/SF
− Vacancy
−$8.9K −$2.04/SF
EGI
$122.3K $27.96/SF
− OpEx
−$55.0K −$12.58/SF
NOI
$67.2K $15.38/SF
Area
Hudson County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,344,960
Cap Rate 7%
$960,686
Cap Rate 9%
$747,200
Alternative Uses
Best Use
Apartment 5plus
$960.7K
$840.6K – $1.12M
NOI $67,248 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.58M
$1.39M – $1.85M
NOI $110,846 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Multifamily properties in Kearny
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A second-floor residence offers in-unit laundry and access to nearby regional transportation.
Where is this multifamily property located?
The property is located at 210 Sanford Ave Unit 2 Kearny, NJ.
What are key features of this property?
This property features: Renovated unit with 2 bedrooms and 1 bathroom; In‑unit washer and dryer; Second‑floor residence
