For Multi Family

89 Ivy St,Kearny Town, NJ 07032-3488

November 15, 2025

Welcome to 89 Ivy Street in Kearny, NJ a legal two-family home offering exceptional income potential in a prime location. This property features two spacious units with separate utilities, providing flexibility for investors and owner-occupants alike. All tenants are currently on month-to-month leases, giving a new owner the ability to adjust rents to market value or reposition the property without delay. Current rents are below market, presenting a strong opportunity for immediate upside with minimal improvements. Situated on a 25 100 lot, this property is located just minutes from shopping, dining, schools, parks, major highways, and convenient NYC transportation. Whether you’re expanding your portfolio or looking to live in one unit while generating income from the other, 89 Ivy Street offers both stability and growth potential in one of Hudson County’s most desirable rental markets.

Property ID:PT-11028937-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 519,000 $

Bedrooms:2

Year Built:1950

Listing Details

Status: Active

Location

County: Hudson

Lotsize: 25X100

Lot Identifier: 56

Home Details

Open Parking: 6

Basement: Yes

Basmnt/Desc: Yes - Bilco-Style Door, Unfinished

Acreage: 58100.00

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 4

Easement/Desc: Unknown

Roof Description: Asphalt Shingle

Possesion: At Closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector

Unit 1 Levels: 1

Unit 1 Rooms: 2

Unit 1 Beds: 1

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water

Unit 1 Handicap: No

Unit 1 Lease Expire: 2025-10-01

Unit 1 Rent: 1400

Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector

Unit 2 Levels: 1

Unit 2 Rooms: 2

Unit 2 Beds: 1

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water

Unit 2 Handicap: No

Unit 2 Lease Expire: 2025-10-01

Unit 2 Rent: 1250

Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room

Color of Building: Gay

Garage Description: Detached Garage

Number of Garage Spaces: 2

Block Identifier: 240

County Number: 18

Town Number: 1807

YB/Desc: 1950 - Approximate

Color of Building: Gay

Easement: Unknown

Parking/Driveway Description: Driveway-Exclusive

Block Identifier: 240

County Number: 18

Town Number: 1807

Possession: At Closing

Taxes, Fees & Assessments

Warranty: No

Tax ID For Property: 1807-00240-0000-00056-0000-

Tax Amount: $7,750.00

Tax Year: 2024

Tax Rate: 10.705%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $17,500.00

Building Assessment: $54,900.00

Total Assessment: $72,400.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Baseboard - Electric

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Schools

Grade School: FRANKLIN

Middle School: LINCOLN

High School: KEARNY

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Listing Details

89 Ivy St,Kearny Town, NJ 07032-3488

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