About This Home

This 0-bedroom, 0-bathroom other at 40 Johnston Ave in Kearny Town, NJ is listed for $1,599,000. Built in 1920, on a N/A lot.

Key Features

  • Built in 1920

Property Details

1920
Listing Description

Excellent opportunity to own a 6-family multifamily investment property with strong income potential. The building features six residential units, including two 2-bedroom apartments and four 1-bedroom apartments. Two units are currently vacant, providing an immediate opportunity for an owner-occupant, investor, or buyer looking to renovate, lease, and maximize rental income.

Each unit has separate utilities, helping streamline operating expenses and tenant responsibility. Great opportunity for a multifamily investor, rental property investor, value-add buyer, or portfolio investor seeking to add a 6-unit property to their portfolio. Convenient location with access to transportation, shopping, schools, and major roadways. Bring your vision and unlock the potential of this income-producing multifamily property!

Monthly Cost Estimate

$8,552/mo

20% down · 6.5% · 30 years

Principal$1,156
Interest$6,929
Insurance$466

Estimates only. Actual payments may vary.

Location

40 Johnston Ave

Kearny Town, NJ 07032-1120

Kearny

Questions & Answers

This 0-bedroom, 0-bathroom other at 40 Johnston Ave is listed at $1,599,000. The estimated monthly payment is $8,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920.

This property is listed by JORGE VELASQUEZ.

JV

JORGE VELASQUEZ

Agent at RE/MAX Professionals I

Listed by RE/MAX Professionals I · Broker phone: (973) 418-0425 · Broker website

MLS# 4050631· Source: Garden State MLS, LLC· 56 days on PropertySimple

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.

40 Johnston Ave, Kearny Town, NJ 07032-1120

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