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(323) 793-1896
Real Estate Company
215 Macarthur Ave, Garfield City, NJ 07026
- $675,000
- 5
- BD
- 3
- BA
- List Price
- $675,000
- Price Change
- ▼ $15,000 1793071474
- MLS#
- 4055619
- Dom
- 28
- Year Built
- 1913
- Status
- ACTIVE
- County
- Bergen
- City
- Garfield City
- Bedrooms
- 5
- Bathrooms
- 3
- Baths Full
- 3
- Acres
- 0.06
Property Description
Turnkey 2-family investment in Garfield, extensively renovated in 2025. Unit 1 (1st floor, finished basment is vacant): 2 bedrooms, living room, kitchen and full bath on the main level with direct backyard access, new deck and storage unit, plus a private finished basement suite with 1 bedroom, kitchenette, brand-new full bath and small living area, and private laundry. Projected rent $3,000-$3,300/mo, or owner-occupy. Unit 2 (upper): 2 bedrooms (one with walk-in closet/den space), living room, new kitchen and bath; leased at $2,200/mo through Feb 2027, projected market rent $2,500-$2,700/mo. Updates: marble countertops, new kitchens on all floors, new flooring, new electrical panels, new plumbing, new 2nd-floor windows, digital key entry on all doors. Projected gross income $66,000-$69,600/yr; est. cap rate 8.3%-8.8% based on taxes and water only, before vacancy, insurance and repairs; buyers to verify. Taxes $8,043; water approx. $155-$160/qtr; tenants pay electric, gas and heat. Under 15 min to Plauderville NJ Transit (direct to NYC/Hoboken), minutes to Dahnert's Lake County Park, easy access to Rt 46, 21, 4 and the Garden State Parkway.
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Additional Information
- Taxes
- $8,043
- Cooling
- Window A/C(s)
- Exterior
- Stucco
- Garage Description
- On-Street Parking
- Heating
- 2 Units, Baseboard - Electric
- Roof
- Flat
- Elementary School
- ROOSEVELT
- Middle School
- COLUMBUS
- High School
- GARFIELD
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Exterior Features
- Barbeque, Deck, Storage Shed
- Garage Description
- On-Street Parking
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Listing Courtesy Of LIFESTYLE INTERNATIONAL REALTY, Contact: 862-282-5277
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