402 River Drive Garfield, NJ ^$ 735,000

402 River Drive

^$ 735,000

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402 River Drive

Garfield, NJ, 07026

^$ 735,000

Bedrooms3 Baths2.0

Monthly Estimate*

^$ 4,885

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Multi-Family Home for sale in Garfield, NJ

for $735,000 with 3 bedrooms and 2 full baths. This home was built in 1940.

7% Cap Rate! Stunning turn key investment opportunity. First floor has 1,600 SF of commercial space ready for a restaurant or office space. The commercial space has central heat, AC and commercial Hood and freezer included. There are 2 fully renovated residential units above. The second floor has 2 bedrooms 1 bath, the 3rd floor has 1 bedroom 1 bath. Both apartments include sound proof floors which is a great plus. Everything was renovated, including new roof, siding, heating units, windows, floors plumbing and electric. Pictures were taking before tenants moved in.

Multi-Family Active

Price

^$ 735,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 14,272

Style

3 Family

Year Built

1940

Town/City

Garfield

County/Region

Bergen

MLS | Web ID

23027975

Features

Interior

Basement Unfinished

Total Bedrooms 3

Fireplace None

Heating/Cooling Gas

Exterior

Waterfront None

Flood Plain None

Substyle Mixedflr

Exterior Finish Vinyl

General

Laundry Y/N None

Area 0221

Style 3 Family

Miscellaneous None

Garage Attached

Status ACTIVE

Utilities Sep Elec Sep Gas Sep Heat

Rooms 15

Views/Exposure None

Year Built 1940's

* Excluded Features

Affordability Calculator

$6,074

Per Month

Monthly Principal & Interest: $4,885
Monthly Property Taxes: $1,189
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Garfield, NJ

Average List Price ^$734,950

Percent of Sale Price 0%

About Garfield, NJ

32,091 Population

8% Since 2002

^$50,773 Median Income

38.01 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

843640 Elementary School

843641 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/16/2024	$735,000	-2.65%	Price Down
11/16/2023	$755,000	-2.58%	Price Down
9/9/2023	$775,000		Listed Price

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402 River Drive, Garfield, NJ, 07026 is a Multi-Family Home for sale at $735,000. 402 River Drive has 3 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 07026 which is in Garfield, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 6/11/2024.

Source: New Jersey Multiple Listing Service, Inc.

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402 River Drive

Multi-Family Home for sale in Garfield, NJ

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