Property profile

326 Kearny Ave Kearny, NJ 07032

OFF-MARKET
Commercial real estate
Property ID
US59-1501954
6,432 SF 0.09 ac lot Built 1915
Individually Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment property, located at 326 Kearny Avenue in Kearny, New Jersey, presents a compelling opportunity for discerning investors. The property is offered at $1,600,000 and is classified as an investment-grade asset. While the precise square footage is not currently available, the property sits on a zero-acre lot, suggesting a potentially dense development or redevelopment opportunity depending on zoning regulations. The address is strategically located in Kearny, NJ, a town known for its robust infrastructure and convenient access to major transportation arteries. This makes the property attractive for a variety of potential uses, from commercial ventures to potential residential conversions, subject to local planning and zoning approvals. Further due diligence is recommended to fully assess the property's potential and to determine its suitability for specific investment strategies. Prospective buyers are encouraged to conduct thorough independent research, including but not limited to, a comprehensive property inspection, review of all relevant permits and licenses, and a detailed financial analysis to determine the property's overall viability and potential return on investment. The asking price reflects the property's potential and its prime location within a thriving community. This is a rare opportunity to acquire a significant investment property in a desirable New Jersey market. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1915
Construction BRICK
Total area 6,432 SF
Lot 0.09 ac (3,750 SF)
APN 07 00230-0000-00003
UPID US59-1501954

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Spiritual Center
  • Hair Salon Nail Salon

Location

326 Kearny Ave Kearny, NJ 07032-2644
Kearny metro Census 13000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$890k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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