Commercial space For Sale in Kearny, NJ
MLS# : 24025314
PROPERTY DETAILS
PROPERTY DESCRIPTION
A rare opportunity awaits in the heart of Kearny,NJ. class 4A - 75x63 lot Boasting a prime location with liquor license. This expansive 5964 sq ft building, updated just 3 years ago, presents a compelling investment opportunity for builders & investors alike. 75 ft of store front currently setup as a restaurant/bar, and 2 residential apartments on 2nd level. Currently operating as a bar/grill w/state-of-the-art equipment including a 20' foot hood re-clean system, new bar and kitchen equipment (1 year+),20' x 20' prep room w/walk-in fridge/freezer. Forced hot air central heat in main, w/tankless water heater system. Above the commercial space, there two residential apartments currently rented on a month-to-month basis. A turnkey operation with financials. Current business has been in operations for over a decade. Prior business at this location hosted a successful restaurant for over 30 years. Proven location! Situated in an Opportunity come see it! strategically located to all.
Amenities
This listing is a courtesy of Realty One Group Lifestyle Homes
(908) 291-1300 office, listing agent Gee Kay Cheung
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Kearny, NJ Real Estate Market
The whole town of Kearny is divided into three parts – Kearny Uplands, South Kearny and Kearny Meadows. The main streets of Kearny where you can find various New Jersey houses are Midland Avenue, Schuyler Avenue, Bergen Avenue and Passaic Avenue.
The town’s name is in honour of Philip Kearny, who served as a general in the US Army during the Civil War. It was established as a township by an act of the New Jersey Legislature in 1967 from the portions of Harrison Township. In 1899, Kearny got established as a town based on the results of a referendum.
There are several parks in Kearny, which are there along the Passaic River, such as Riverbank Park, Bunnyland Hill, West Hudson Park and Kearny Playground. Most of these parks serve as recreational areas.
| Population: | 35,284 |
| Total Housing Units: | 12,035 |
| Single Family Homes: | 8,938 |
| Apartments: | 3,097 |
| General Tax Rate (2023): | 10.566% |
| Effective Tax Rate (2023): | 2.050% |
| Compare To Other Towns |
Kearny Market Indicators
PRICE INDEX
| Average Price* (12mo): | $527,839 |
| Homes Sold* (12mo): | 26 |
SINGLE FAMILY HOME SALES
Kearny, NJ
PRICE INDEX
| Average Price* (12mo): | $1 |
| Apatments Sold* (12mo): | 0 |
APARTMENT SALES
Kearny, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 10.566% |
| Effective Tax Rate (2023): | 2.050% |
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 11/22/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
