530

MLS® 4055619

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $8,043
Days Active 8
Lot Size 0.06 Acres
Approx. Age 1913
MLS® Number 4055619

Property Address: 215 Macarthur Ave, Garfield, NJ, 07026-1213

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number4055619
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1913
BasementFinished
DrivewayOn-Street Parking
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: 2 Units, Baseboard - Electric
A/CWindow A/C(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2026List Date
$690,000List Price
  • Commute

Commute

Starting Address
Destination Address
215 Macarthur Ave, Garfield,

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