215 Macarthur Ave, Garfield City, NJ 07026
215 Macarthur Ave, Garfield City, NJ 07026
215 Macarthur Ave, Garfield City, NJ 07026
215 Macarthur Ave, Garfield City, NJ 07026
215 Macarthur Ave, Garfield City, NJ 07026
215 Macarthur Ave, Garfield City, NJ 07026
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$ 690,000
Est. payment | /mo

5 Beds

3 Baths

1,696 SqFt


Save
$ 690,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,696 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,696 sqft

Price per Sqft $406

MLS Listing ID 4055619

Style 2-Two Story

Bedrooms 5

Full Baths 3

Year Built 1913

Annual Tax Amount $8,043

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

High-yield, turnkey 2-family asset in prime Bergen County! Extensively renovated in 2025, this multi-family income generator delivers a strong 7.61% current capitalization rate with clear upside to an 8.48% pro-forma cap rate ($66,000 gross annual income potential). 1st floor unit features a spacious 3-bed layout with full finished heated basement (additional bedroom + bath), private laundry & new deck delivered vacant for owner-occupancy or market tenant placement ($2,800-$3,000/mo). Upper unit offers 2 beds + den, currently leased at $2,200/mo through Feb 2027 (projected market rent $2,500-$2,700/mo). Key upgrades include marble countertops, Brand New basement bathroom, all new kitchens on all floors, all-inclusive appliances, new flooring, New electrical panels, New plumbing, new 2nd-fl windows & digital key entry on all entry doors on the property. Low overhead with minimal expenses ($7k annual taxes, $155-$160 quarterly water bill). Prime Garfield location under 15 minutes to Plauderville NJ Transit rail station (direct to NYC/Hoboken) and moments from Dahnert's Lake County Park. Immediate highway access to Rt 46, Rt 21, Rt 4, and the Garden State Parkway. Perfect for value-add investors or house-hackers seeking positive Day-1 cash flow! Open Hou SAT 24th 1-4pm

Location

State NJ

County Bergen

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stucco

Parking Features On-Street Parking

Utilities Available All Underground

Roof Type Flat

Garage Yes

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Roosevelt

Middle Schools Columbus

High Schools Garfield

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by LIFESTYLE INTERNATIONAL REALTY

Nearby Locations

Cindy Huang

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

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215 Macarthur Ave