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6-Unit Apartment Building
For Sale
$1,699,900

40 Johnston Ave #., Kearny, NJ 07032

The six apartments comprise two two-bedroom units and four one-bedroom units.

Property SizeContact for details
Days on Market50

Property Features for 40 Johnston Ave #.

General Information

Standard status Active
Property subtype Commercial
Zoning .

Units

Unit Mix 2 x 2BR, 4 x 1BR
Multifamily Units 6

Additional Details

Utilities to Site Yes

Building Details

Year Built 1920
Buildings 1
Stories 3
Units 6
Listing Agency: Re/Max Professionals I
Listed By: Jorge Velasquez · License #259491
Source: Cammarotarealestate
Added: Sep 4 Changed: Oct 22 Last Checked: Oct 22 at 2:25PM

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.

Built in 1920, the apartment property contains six units: two with two bedrooms and four with one bedroom. Two apartments are vacant, and each unit has separate utilities.

The property is in Kearny, New Jersey, with access to transportation, shopping, schools, and major roadways.

Key Highlights

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

Property Analytics

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Lease Details

6
Residential units
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The six apartments comprise two two-bedroom units and four one-bedroom units.
Where is this apartment building located?
The property is located at 40 Johnston Ave #. Kearny, NJ.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: Six residential apartments: two 2‑bedroom units and four 1‑bedroom units; Two units are vacant; Separate utilities for each apartment
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