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Property profile & analytics

307 Kearny Ave Kearny, NJ 07032

  • Commercial real estate
  • 0.06 lot acres
Value Estimation
Last Sale
Jul 25, 2024
Location Intelligence
Property ID
US59-0550046
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Myrna's Restaurant / Peruvian Restaurant

Property Details for 307 Kearny Ave

Year built
1905
Construction
FRAME
Lot size
0.06 lot acres
Property type
Commercial real estate
APN
07 00048-0000-00027
APU
700048000000027

Description

This exceptional mixed-use property presents a unique investment opportunity in the thriving town of Kearny, New Jersey. Situated on a 0.06-acre lot at 307 Kearny Avenue, this building comprises a ground-floor commercial storefront currently operating as a restaurant, and two spacious residential apartments on the upper floors. Each apartment boasts a generous layout, including a living room, dining room, kitchen, two bedrooms, and a full bathroom. The apartments are sizable and feature separate utility meters for efficient cost management. The property benefits from a high volume of foot traffic due to its strategic location amidst a vibrant mix of retail stores and restaurants. Residents and patrons enjoy convenient access to essential amenities, including a nearby school, public library, and places of worship. Commuting is a breeze, with the property conveniently located steps from the NJ Transit bus stop (routes #30 and 109), and a short distance from the PATH train station, providing easy access to New York City. Major highways, including the Turnpike, Parkway, and Routes 21, 17, 280, 3, and 46, are also easily accessible, enhancing the property's overall appeal and connectivity. This turnkey investment offers a compelling blend of commercial and residential income potential in a highly desirable location. The asking price is $1,209,999.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Kearny
County
Hudson
State
New Jersey
Longitude
-74.1507
Latitude
40.7615
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,955
$25,000
$97,600
$122,600
-
$25,000
$97,600
$122,600
More about this property
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