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Six-Unit Apartment Building
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40 Johnston Avenue, Kearny, NJ 07032

Residential layout includes separate utility systems and a mix of one- and two-bedroom apartments.

Property SizeContact for details
Days on Market5

Property Features for 40 Johnston Avenue

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 2 x 2BR, 4 x 1BR
Multifamily Units 6
Listing Agency: RE/MAX Professionals 1
Listed By: Jorge Velasquez · License #259491
Source: Capmarkrealty
Added: Sep 5 Changed: Sep 8 Last Checked: Sep 7 at 8:16AM

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 1

Investment Insights

Based on property information with market context.

This 1920 apartment building contains six residential units arranged as two 2-bedroom apartments and four 1-bedroom apartments. Two units are vacant, while each apartment has separate utilities. The unit mix and current vacancy provide a clear basis for continued rental operations or property updates, subject to the buyer’s plans.

Located at 40 Johnston Ave in Kearny, New Jersey, the property has access to transportation, shopping, schools, and major roadways. Its walkability and transit characteristics are reflected in a Walk Score of 79, Bike Score of 53, and Transit Score of 59.

Key Highlights

  • Six residential units: two 2‑bedroom apartments and four 1‑bedroom apartments
  • Two units currently vacant
  • Separate utilities for each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Nursing Home Accounting Firm Acupuncture Skin Care Clinic

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,332
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential layout includes separate utility systems and a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 40 Johnston Avenue Kearny, NJ.
What are key features of this property?
This property features: Six residential units: two 2‑bedroom apartments and four 1‑bedroom apartments; Two units currently vacant; Separate utilities for each unit
More about this property
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