REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Mark Meding Coldwell Banker, Alpine/Closter
$ 1,600,000
Est. payment /mo
Price Dropped by $200K
361 Kearny AVE Kearny, NJ 07032
UPDATED:
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
Nearby Locations
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown：
$0 Month
Get more info from a local expert!