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$1,599,000 -$100,900 (-5.94%) Price Reduced

  • For Sale
  • Active
  • Industrial
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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 for 40 Johnston Ave

General

  • Price: $1,599,000
  • Taxes: $19,233
  • Status: Active
  • Type: Industrial
  • Source: NJMLS
  • MLS ID: 26032882
  • Updated: 10/20/2026
  • Added to Site: 47 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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Listing agent

— 40 Johnston Ave —

  • Jorge Velasquez

    RE/MAX Professionals 1

    973-450-4000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Johnston Ave

School District:Kearny Town School District
NameGradesDistance
Washington Elementary School, Kearny, NJ
80 Belgrove Drive, Kearny, NJ 07032
K-60.2 mi
Lincoln Middle School, Kearny, NJ
121 Beech Street, Kearny, NJ 07032
7-81.4 mi
Kearny High School
336 Devon Street, Kearny, NJ 07032
9-120.9 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2026
Price Reduced
$1,599,000
-5.94%
MLS
9/04/2026
Listed
$1,699,900
171.98%
MLS
2/22/2021
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
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 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 for 40 Johnston Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Professionals 1 (973) 450-4000, Jorge Velasquez (973) 450-4000

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40 Johnston Avenue, Kearny, NJ 07032 (MLS# 26032882) is a Industrial property. 40 Johnston Avenue is currently listed for $1,599,000 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.

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