318 Highland Ave
Property Description
Prime multi-unit investment opportunity in a highly walkable Kearny location. Well-maintained 2-unit property features a versatile layout with Unit 1 occupying the first floor and Unit 2 spanning the second and third floors, ideal for investors or owner-occupants seeking rental income.Unit 1 offers a comfortable 1-bedroom, 1-bath layout with a bright living room, eat-in kitchen, and full bath. Unit 2 provides expansive space across two levels and features 3 bedrooms, 2 full baths, a spacious living area, dining space, and updated kitchen with rich wood cabinetry and ample storage. Hardwood flooring throughout much of the home alongside tiled bathroom floors and walls.Property's attractive stone fa ade and covered front porch provide excellent curb appeal. Additional features include a shared basement with washer and dryer, a long driveway, fenced backyard, and detached 2-car garage with one dedicated garage spot for each unit. Outdoor space offers room for recreation, entertaining, and additional storage.Conveniently located near shopping, dining, parks, schools, and major highways, this property boasts a Walk Score of 89, providing easy access to everyday amenities, public transportation, and nearby bike infrastructure. Whether you're looking to add to your investment portfolio or live in one unit while generating income from the other, this multifamily property presents an outstanding opportunity in one of Kearny's most commuter-friendly locations.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $599,000 |
| No. of Units: | 2 |
| Year Built: | 1910 |
| Lot Size: | 1,972.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $299,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-GSMLSNJ-4033777
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout