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$1,699,900 Just Listed
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Property 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!
Full Property Details
Full Property Details for 40 Johnston Ave
General
- Price: $1,699,900
- Taxes: $19,233
- Status: Active
- Type: Industrial
- Source: NJMLS
- MLS ID: 26032882
- Updated: 9/4/2026
- Added to Site: 1 day(s) ago
Rental Information
- Rent Includes: None
Location
- Area: Kearny
- County: HUDSON
Heating & Cooling
- Heating Type: Gas, Other/See Remarks
Utilities
- Utility Description: Other (See Remarks)
Structural Information
- Architectural Style: Industrial
- Description/Design: Other
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $19,233
Disclosures and Reports
- Ownership: Corporate
- Flood Zone: None
Listed by RE/MAX Professionals 1 (973) 450-4000, Jorge Velasquez (973) 450-4000
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Schools
Schools serving 40 Johnston Ave
School District:Kearny Town School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Kearny, NJ 80 Belgrove Drive, Kearny, NJ 07032 | K-6 | 0.2 mi |
Lincoln Middle School, Kearny, NJ 121 Beech Street, Kearny, NJ 07032 | 7-8 | 1.4 mi |
Kearny High School 336 Devon Street, Kearny, NJ 07032 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Johnston Ave
Date
Details
Price
Change
Source
9/04/2026
Listed
$1,699,900
171.98%
MLS
2/22/2021
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Johnston Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,234
3%
$177,300
—
2022
$18,691
53%
$177,300
53%
2021
$12,184
33%
$116,200
—
2021
$9,139
-25%
$116,200
—
2019
$12,250
—
$116,200
—
2018
$12,272
-1%
$116,200
—
2017
$12,439
—
$116,200
—
2016
$12,397
3%
$116,200
—
2015
$11,999
6%
$116,200
1%
2013
$11,279
—
$115,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Johnston Ave
40 Johnston Avenue, Kearny, NJ 07032 (MLS# 26032882) is a Industrial property. 40 Johnston Avenue is currently listed for $1,699,900 and was received on September 04, 2026. Want to learn more about 40 Johnston Avenue? Do you have questions about finding other Industrial real estate for sale in Kearny? You can browse all Kearny real estate or contact a Coldwell Banker agent to request more information.

