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 24
    01:00 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...

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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
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 20, 2026