89 Ivy St Kearny, NJ 07032
Arlington NeighborhoodEstimated payment $3,387/month
Highlights
- 58,100 Acre Lot
- Electric Baseboard Heater
- Private Driveway
- 2 Car Detached Garage
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 1950
Lot Details
- 58,100 Acre Lot
Parking
- 2 Car Detached Garage
- Private Driveway
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Franklin Elementary School
- Lincoln Middle School
- Kearny High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Underground Utilities
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 1807-00240-0000-00056-0000-
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: Garden State MLS
MLS Number: 3998015
APN: 07-00240-0000-00056
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