Properties

Description

Turnkey 2-family investment in Garfield, extensively renovated in 2025. Unit 1 (1st floor, finished basement delivered 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.

Features

  • Heating System : Baseboard - Electric, 2 Units
  • Cooling System : Window A/c(s)
  • Basement : Finished
  • Roof Deck : Flat
  • Parking Description: On-Street Parking
  • Exterior Features: Barbeque, Deck, Storage Shed
  • Tax Assessed Valuation: 231200
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: LIFESTYLE INTERNATIONAL REALTY
  • Office MLS ID: 5721
  • Agent ID: 400172
  • Tax: 8043
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: R-2

Multi-Family For Sale

For Sale
$690,000

215 Macarthur Ave, Garfield City, *

  • SQFT 2,500 Acre
  • Bedroom 5
  • Built Year 1913

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5464012
  • Price: $690,000
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1913
  • Year Built Description: Approximate
  • Lot Area: 2,500 Acre
  • Status: Active
  • Days On Market: 24

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Bergen
  • City Garfield City
  • Zipcode *
  • Street: Macarthur Ave
  • Street Number: 215
  • Street Direction: located on MacArthur Avenue between Charles Street
  • Building Name: 215
  • Floor Number: 0
  • Longitude: W75° 54' 5.8''
  • Latitude: N40° 52' 28.5''
  • Internet Display Address: Yes
Property