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Listed by Mark Meding Coldwell Banker, Alpine/Closter
$1,800,000
Est. payment /mo
Active
361 Kearny AVE Kearny, NJ 07032
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26002935
Style Retail
Property Sub-Type Retail
Property Description
Positioned along Kearny’s vibrant main street, this unique mixed-use property spans two contiguous lots totaling 10,600 SF, offering both immediate income and exceptional long-term upside. The front lot features a 2,340 SF commercial building with a successful liquor store tenant, 14-foot ceilings, and a full 2,100 SF basement—providing roughly 4,500 SF of usable space. Zoned C-3, the site supports three-story mixed-use redevelopment, unlocking the potential to add apartments over ground-floor retail in a rapidly growing corridor. The second lot, located directly behind on a quiet residential street, includes a 7,500 SF paved parking area with 24 spaces, currently leased at $250 per month per space, producing $6,000 in steady monthly income ($72,000 annually). Potential income from retail lease +/- $6,000/mo. With flexible zoning, strong existing cash flow, and dual access from both commercial and residential streets, this property presents a rare opportunity to create a high-value asset in one of Hudson County’s most dynamic neighborhoods.
Location
State NJ
County Hudson
Interior
Heating Central Air, Gas, Hot Air
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