215 Macarthur Ave, Garfield, NJ 07026
Local realty services provided by:Burgdorff ERA
215 Macarthur Ave,Garfield City, NJ 07026
$690,000
- 5 Beds
- 3 Baths
- 1,496 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Oct 2401:00 pm - 04:00 pm
Listed by: ana montanez
Office: lifestyle international realty201-559-5770
MLS#:4055619
Source:NJ_GSMLS
Price summary
- Price:$690,000
- Price per sq. ft.:$461.23
About this home
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....
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Home facts
- Year built:1913
- Listing ID #:4055619
- Added:19 day(s) ago
- Updated:October 20, 2026 at 03:55 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:13
- Basement Description:Basement, Finished
- Living area:1,496 sq. ft.
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:2 Units, Baseboard - Electric
Structure and exterior
- Roof:Flat
- Year built:1913
- Building area:1,496 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:2-Two Story
- Construction Materials:Stucco
- Exterior Features:Barbeque, Deck, Storage Shed
Schools
- High school:GARFIELD
- Middle school:COLUMBUS
- Elementary school:ROOSEVELT
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$690,000
- Price per sq. ft.:$461.23
- Tax amount:$8,043 (2025)
Features and amenities
- Amenities:All Utilities Underground
Parking
- Parking description:On-Street Parking
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