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361 Kearny Ave Kearny, NJ 07032

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Mixed-use property with income and redevelopment potential in Kearny.

Property Features for 361 Kearny Ave

General Information

Standard status
Active

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Listing Contact
Mark Meding
Source: Corcoran

Listing Agency: COLDWELL BANKER, ALPINE/CLOSTER Listing Agent: Mark Meding

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Property with Redevelopment Potential

This mixed-use property is positioned along Kearny’s main street and spans two contiguous lots totaling 10,600 square feet. The front lot includes a 2,340-square-foot commercial building with a liquor store tenant, 14-foot ceilings, and a 2,100-square-foot basement, providing approximately 4,500 square feet of usable space. Zoned C-3, the site supports three-story mixed-use redevelopment, allowing for the addition of apartments over ground-floor retail. The second lot, located directly behind on a residential street, features a 7,500-square-foot paved parking area with 24 spaces, currently leased at $250 per month per space, generating $6,000 in monthly income ($72,000 annually). The property has dual access from both commercial and residential streets. Potential income from the retail lease is approximately $6,000 per month. This property offers the opportunity to create a high-value asset in Hudson County.
Location Intelligence

Current Use by Public Records

Liquor Station (Bike/Boat/Book/etc) Store MLT Kitchen Designer ... Renovation Specialist Brothers Bakery

Suggested Use

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

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

Location Insight

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City
Kearny
County
Hudson
State
New Jersey
Longitude
-74.14937
Latitude
40.7632625

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with income and redevelopment potential in Kearny.
Where is this mixed-use property located?
The property is located at 361 Kearny Ave Kearny, NJ.
What are key features of this property?
This property features: - Significant income potential from existing liquor store tenant and parking lot leases (approximately $13,000/month combined).; - Large 10,600 SF lot with C-3 zoning allows for **three-story mixed-use redevelopment** (apartments over retail).; - **Prime location** on Kearny's main street in a rapidly growing area of Hudson County.
More about this property
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