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Updated 3-family stacker offering immediate cash flow with one vacant unit, ideal for an owner occupant or investor seeking turnkey rental income. Each unit features clean, modern in-unit finishes with strong rent potential in a high-demand rental market. An excellent entry point for a first time investor or a seasoned buyer looking to add a cash flowing asset to their portfolio. Minutes to I-78, Routes 1&9, and NJ Transit's Newark Penn Station with direct service to NYC Penn Station. Don't miss this income-producing multi-family; schedule your showing today!" +"ArchitecturalStyle": "3-Three Story" +"AttributionContact": "973-450-4000" +"Basement": "Full" +"BathroomsFull": "5" +"BuildingAreaUnits": "Sqft" +"Cooling": "3 Units" +"CreationDate": "2026-09-04T11:04:25.447111+00:00" +"DaysOnMarket": 60 +"Directions": "Springfield to South 14th St" +"ExteriorFeatures": "See Remarks" +"GarageSpaces": "0" +"GrossIncome": "0" +"Heating": "3 Units, Forced Hot Air" +"InteriorFeatures": "Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector" +"InternetAutomatedValuationDisplayYN": false +"InternetEntireListingDisplayYN": true +"ListOfficePhone": "973-450-4000" +"ListingContractDate": "2026-07-06" +"LivingAreaUnits": "Sqft" +"LotSizeDimensions": "25X95" +"LotSizeUnits": "Acres" +"MajorChangeTimestamp": "2026-07-06T17:14:33Z" +"MlsStatus": "Active" +"NetOperatingIncome": "0" +"NumberOfUnitsTotal": "3" +"OpenParkingSpaces": "0" +"OperatingExpense": "0" 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40 Johnston Ave , Kearny Town, New Jersey 07032-1120
- $1,699,900
40 Johnston Ave , Kearny Town, New Jersey 07032-1120
- $1,699,900
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!
Address
Open on Google Maps-
City: Kearny Town
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State/county: NJ
Details
Updated on September 4, 2026 at 7:37 pm-
Property ID HZ4050631
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Price $1,699,900
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Property Status Active
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees