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Renovated Two-Unit Duplex
For Sale
$850,000

98 Devon Terrace, Kearny, NJ 07032

Multi-Family, 2-Two Story, Kearny Town, NJ

Property Size9,000 SF
Lot Size0.05 Acres
Price / SF$94.44
Days on Market48

Property Features for 98 Devon Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Basement
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Exterior features FencPriv, StrmWind, FencVnyl
Fencing Fenced
Lot features Level Lot, Skyline View
Elementary school SCHUYLER
Middle school SCHUYLER
High school KEARNY
Directions Schuyler Ave to Devon Terrace
Standard status Active
Size 9,000 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2020
Tax Annual Amount 9021

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Amenities

fenced backyard

Building Details

Year built 1895
Floors in Building 2
Number of units 2
Roof type Flat, Rubber
Architectural style Other
Listing Agency: UNITED REAL ESTATE
Listed By: JOSE GARGANTA
Added: Jul 15 Changed: Aug 19 Last Checked: Aug 31 at 8:06AM
MLS# 4040932

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two residential units, with three bedrooms on the upper level and two bedrooms on the first floor. A finished basement adds a full bathroom and kitchenette. Interior finishes include tile and wood flooring, while baseboard and hot-water heating serve the property.

The parcel covers 0.05 acres and is zoned R-2. A fenced backyard provides additional outdoor space, and the property has vinyl fencing, public water, public sewer, and cable availability. Built in 1895, the residence also features brand-new Anderson windows throughout the second floor along with additional upgrades.

Key Highlights

  • Two‑unit duplex with three bedrooms upstairs and two bedrooms on the first floor
  • Finished basement includes a full bath and kitchenette
  • Brand‑new Anderson windows throughout the second floor

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Garden Center Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,443
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?
Duplex - Includes a finished basement with a full bath, kitchenette, and fenced backyard.
Where is this duplex located?
The property is located at 98 Devon Terrace Kearny, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑unit duplex with three bedrooms upstairs and two bedrooms on the first floor; Finished basement includes a full bath and kitchenette; Brand‑new Anderson windows throughout the second floor
More about this property
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