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    307 Kearny Ave Kearny, NJ 07032
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    307 Kearny Ave, Kearny, NJ 07032

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    • Commercial real estate
    • 0.06 lot acres
    Kearny Mixed-Use Building For Sale For Sale
    $999,000

    Kearny Mixed-Use Building For Sale

    Mixed-use building with a storefront and two apartments in Kearny.

    307 Kearny Avenue, Kearny, NJ 7032
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Myrna's Restaurant / 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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 25, 2024 — Cd & Yl LLC Dong Chun Deed $500k · Emigrant Funding Corp
    Jul 1, 2015 $520,000 Chun Dong Larau,jose S Grant Deed —
    Sep 24, 1999 $400,000 Jose S Larau Ricci,wagner G Grant Deed —
    Nov 20, 1997 $270,000 Jose S Larau Vidal,raul Grant Deed $189k · Astoria Federal S&l Assn
    Mar 12, 1996 $43,743 Jose Jorge Vidal,raul Grant Deed —
    Nov 8, 1994 $245,000 Raul Vidal Paco,manuel Grant Deed $150k · Misc. Private Lenders

    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.


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    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
    View Listing
    More about this property
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