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5-Unit Apartment and Parking Lot

739 Schuyler Ave Kearny, NJ 07032

New
739 Schuyler Ave, Kearny, NJ, 07032
$1,299,888
For Sale
$1,299,888

Five-unit mixed-use property with a 1-car garage and parking lot accommodating 15+ vehicles, zoned R-2.

Days on Market4

Property Features for 739 Schuyler Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1920
Listing agency KELLER WILLIAMS PARK VIEWS
Listed by BILLY PENA · License #0338712
Source Corcoran
Added: Jul 18 Updated: Jul 21 at 5:34AM Checked: Jul 21 at 5:34AM

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 KELLER WILLIAMS PARK VIEWS


Investment Insights

Based on property information with market context.

This 5-unit, mixed-use property offers apartment units that will be delivered completely vacant at closing, giving you flexibility to set rents after acquisition. The site includes a 1-car garage and an expansive parking lot that can accommodate 15+ vehicles, supporting convenient tenant and visitor parking.

Located on Schuyler Ave in Kearny, NJ, the property is zoned R-2. The current income performance is presented as $105,600 in gross income and $77,382 in net income.

The combination of multiple apartment units and substantial onsite parking provides a practical configuration for owners seeking steady income and a straightforward path to re-rent the units at closing.

Key Highlights

  • 5‑unit mixed‑use property with an estimated Gross Income of $105,600/year and Net Income of $77,382/year
  • Reported 6.45% cap rate with existing income
  • Units will be delivered completely vacant at closing for potential rent reset

Property Analytics

Location Intelligence

Current Use by Public Records

ATM Atm

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Hotel & Motel Garden Center Gym & Fitness Center Storage Facility Building Supply Clothing & Fashion Store

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

FAQs

What type of property is this?
Apartment building - Five-unit mixed-use property with a 1-car garage and parking lot accommodating 15+ vehicles, zoned R-2.
Where is this apartment building located?
The property is located at 739 Schuyler Ave Kearny, NJ.
What is the asking price?
The asking price for this property is $1,299,888.
What are key features of this property?
This property features: 5‑unit mixed‑use property with an estimated Gross Income of $105,600/year and Net Income of $77,382/year; Reported 6.45% cap rate with existing income; Units will be delivered completely vacant at closing for potential rent reset
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