89 Ivy St Kearny, NJ 07032
Arlington NeighborhoodEstimated payment $3,387/month
Highlights
- 1 Car Detached Garage
- Interior Lot
- Hot Water Baseboard Heater
About This Home
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,750
Year Built
- Built in 1895
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100.00 x 0.00
- Interior Lot
Parking
- 1 Car Detached Garage
Home Design
- Asphalt Roof
Interior Spaces
- 1,432 Sq Ft Home
- 2-Story Property
Basement
- Partial Basement
- Exterior Basement Entry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Baseboard Heater
- Underground Utilities
- Gas Water Heater
Community Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,750 | $72,400 | $17,500 | $54,900 |
| 2024 | $7,651 | $72,400 | $17,500 | $54,900 |
| 2023 | $7,651 | $72,400 | $17,500 | $54,900 |
| 2022 | $7,538 | $71,500 | $17,500 | $54,000 |
| 2021 | $7,497 | $71,500 | $17,500 | $54,000 |
| 2020 | $7,500 | $71,500 | $17,500 | $54,000 |
| 2019 | $7,538 | $71,500 | $17,500 | $54,000 |
| 2018 | $7,551 | $71,500 | $17,500 | $54,000 |
| 2017 | $7,654 | $71,500 | $17,500 | $54,000 |
| 2016 | $7,628 | $71,500 | $17,500 | $54,000 |
| 2015 | $7,383 | $71,500 | $17,500 | $54,000 |
| 2014 | $7,176 | $71,500 | $17,500 | $54,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2025 10/26/25 | For Sale | $519,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $359,000 | None Listed On Document | |
| Deed | $125,000 | -- | |
| Bargain Sale Deed | $293,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $269,250 | New Conventional | |
| Previous Owner | $278,350 | Purchase Money Mortgage | |
| Previous Owner | $55,000 | No Value Available |
Source: All Jersey MLS
MLS Number: 2607155R
APN: 07-00240-0000-00056
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