215 Macarthur Ave, Garfield City, NJ 07026
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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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Will Alfaro

Will Alfaro

+1(973) 219-5434
$ 690,000
Est. payment /mo
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Open Sat 1PM-4PM

215 Macarthur Ave Garfield City, NJ 07026

5 Beds

3 Baths

1,696 SqFt

Open House

Sat Oct 24, 1:00pm - 4:00pm

UPDATED:

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!

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)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by LIFESTYLE INTERNATIONAL REALTY
Will Alfaro

Will Alfaro

Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178

+1(973) 219-5434

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215 Macarthur Ave