215 Macarthur Ave, Garfield, NJ 07026

Garfield
Local realty services provided by:Better Homes and Gardens Real Estate Coccia Realty
215 Macarthur Ave,Garfield City, NJ 07026
$690,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ana montanez
Office: lifestyle international realty201-559-5770
MLS#:4055619
Source:NJ_GSMLS

Price summary

  • Price:$690,000

About this home

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...

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Home facts

  • Year built:1913
  • Listing ID #:4055619
  • Added:9 day(s) ago
  • Updated:October 10, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:10
  • Basement Description:Basement, Finished

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units, Baseboard - Electric

Structure and exterior

  • Roof:Flat
  • Year built:1913
  • 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
  • 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 10, 2026

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