5-Unit Apartment and Parking
For Sale
$1,299,888
739 Schuyler Ave, Kearny, NJ 07032
Five-unit mixed-use property with a 1-car garage and parking lot accommodating 15+ vehicles, zoned R-2.
Property SizeContact for details
Days on Market52
Property Features for 739 Schuyler Ave
General Information
Standard status
Active
Property subtype
Commercial
Zoning
R-2
Additional Details
Cap Rate
6.45%
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$20,361
Amenities
Baseboard - Electric Heating
Building Details
Year Built
1920
Listing Agency:
KELLER WILLIAMS PARK VIEWS
(201) 939-0050
Listed By:
BILLY PENA · License #0338712
(201) 232-4339
Source:
Corcoran
Added: Jul 18
Changed: Sep 6
Last Checked: Sep 7 at 8:27AM
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.
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
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
916
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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
