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    151 Kearny Ave Kearny, NJ 07032

    • Commercial real estate
    • 0.22 lot acres
    For Lease
    View listing
    Value Estimation
    $1,315,000
    Last Sale
    Apr 19, 2024
    $1,300,000
    Location Intelligence
    Property ID
    US59-1830002
    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

    • Kearny Mattress Outlet / Mattress Store / Furniture Store

    Property Details for 151 Kearny Ave

    Construction
    BRICK
    Lot size
    0.22 lot acres
    Property type
    Commercial real estate
    APN
    07 00027-0000-00006
    APU
    700027000000006

    Description

    This exceptional retail property, located at 151 Kearny Avenue in Kearny, New Jersey (zip code 07032), offers a total of 27,405 square feet of commercial space. Currently, the entire building is vacant and available for lease. The property is categorized as multi-tenant retail, presenting a unique opportunity for a single large tenant or multiple smaller businesses. The minimum divisible space is 9,135 square feet, which is also the maximum contiguous space available. This means that the entire building can be leased as a single unit, or potentially divided to accommodate several tenants, each occupying a minimum of 9,135 square feet. The property is situated in Hudson County, New Jersey, offering excellent access to major transportation routes and a thriving local market. This prime location provides high visibility and accessibility for businesses seeking a strong foothold in the Kearny area. The building's substantial size and flexible layout make it suitable for a wide range of retail uses. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is 151 Kearny Avenue, Kearny, NJ 07032.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,220,000
      6.5%
      $1,320,000
      7%
      $1,405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,495,000
      Geo Method
      $1,320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,180,000
      Retail
      $1,380,000
      Mixed-Use
      $1,515,000
      Hospitality
      $1,195,000
      Educational
      $1,220,000
      Residential Income
      $1,380,000
      Energy
      $1,205,000
      Income-Based Land
      $1,555,000
      Food Service
      $1,200,000

    Location Insight

    • Map
    • Local Demand
    City
    Kearny
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1542
    Latitude
    40.7573
    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
    2022
    $23,013
    $66,400
    $151,900
    $218,300
    -
    $66,400
    $151,900
    $218,300

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      396 Davis Ave

      COMMERCIAL (GENERAL) • 0.05 Acres
      396 Davis Ave, Kearny, NJ 07032-3558
      View Details
    • Value Estimation by Request
      0.06 Acres

      155 Kearny Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      155 Kearny Ave, Kearny, NJ 07032-2407
      View Details
    • Value Estimation by Request
      0.12 Acres

      745 Kearny Ave

      COMMERCIAL (GENERAL) • 0.12 Acres
      745 Kearny Ave, Kearny, NJ 07032-3159
      View Details
    • Value Estimation by Request
      0.06 Acres

      325 Kearny Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      325 Kearny Ave, Kearny, NJ 07032-2674
      View Details
    • Value Estimation by Request
      0.05 Acres

      488 Kearny Ave

      COMMERCIAL (GENERAL) • 0.05 Acres
      488 Kearny Ave, Kearny, NJ 07032
      View Details
    • Value Estimation by Request
      0.06 Acres

      338 Kearny Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      338 Kearny Ave, Kearny, NJ 07032-2624
      View Details

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    Similar Nearby for Lease

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      27,405 SF

      Kearny Retail Space: Prime Location

      Large Retail Space Available in Kearny, NJ
      151 Kearny Ave, Kearny, NJ 07032
      View Details
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    Kearny, NJ 07032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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