149 Midland Ave | Kearny, NJ 07032
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- LoopNet Team
149 Midland Ave
Kearny, NJ 07032
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- In the Heart of Kearny
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,216 SF
Building Class
C
Year Built/Renovated
1950/2019
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.23
Lot Size
0.06 AC
Zoning
C3
Frontage
35’ on Midland Ave
AMENITIES
- Bus Line
- Signage
ABOUT 149 MIDLAND AVE , KEARNY, NJ 07032
Great mixed use property in the Heart of Kearny, the store is 1800 SF recently renovated with all new floors. Forced hot air and Central Air. Potential Rental Income for store is $2,500. Second floor apartment 3 Br month to month lease with potential rental income of $1600. The roof is 3 years old. Net Operating Income $40,329. Vacancy Rate and Credit Loss 5%.
PROPERTY TAXES
| Parcel Number | 07-00189-0000-00016 | Improvements Assessment | $45,400 |
| Land Assessment | $25,000 | Total Assessment | $70,400 |
PROPERTY TAXES
Parcel Number
07-00189-0000-00016
Land Assessment
$25,000
Improvements Assessment
$45,400
Total Assessment
$70,400
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