215 Macarthur Ave
Garfield, NJ 07026

$675,000

Number of Units: 2
Type: Multi-Unit Residential
Listing #4055619
Turnkey 2-family investment in Garfield, extensively renovated in 2025. Unit 1 (1st floor, finished basment is vacant): 2 bedrooms, living room, kitchen and full bath on the main level with direct backyard access, new deck and storage unit, plus a private finished basement suite with 1 bedroom, kitchenette, brand-new full bath and small living area, and private laundry. Projected rent $3,000-$3,300/mo, or owner-occupy. Unit 2 (upper): 2 bedrooms (one with walk-in closet/den space), living room, new kitchen and bath; leased at $2,200/mo through Feb 2027, projected market rent $2,500-$2,700/mo. Updates: marble countertops, new kitchens on all floors, new flooring, new electrical panels, new plumbing, new 2nd-floor windows, digital key entry on all doors. Projected gross income $66,000-$69,600/yr; est. cap rate 8.3%-8.8% based on taxes and water only, before vacancy, insurance and repairs; buyers to verify. Taxes $8,043; water approx. $155-$160/qtr; tenants pay electric, gas and heat. Under 15 min to Plauderville NJ Transit (direct to NYC/Hoboken), minutes to Dahnert's Lake County Park, easy access to Rt 46, 21, 4 and the Garden State Parkway.
Property Features
Location Information
County: Bergen
Latitude: 40.87458
Longitude: -74.0984
Directions: located on MacArthur Avenue between Charles Street and Grand Street
Interior Features
Total Rooms: 13
Heating: 2 Units, Baseboard - Electric
Heating Fuel: Gas-Natural
Cooling: Window A/C(s)
Water Heater: Gas
Basement Description: Finished
Has Basement: Yes
Unit 1 Features: Beds:3 Baths:2.0
Unit 2 Features: Beds:2 Baths:1.0
Total Number of Units: 2
Exterior Features
Exterior: Barbeque, Deck, Storage Shed
Siding: Stucco
Roof: Flat
Sewer: Public Sewer
Water: Public Water
Utilities: All Underground
Garage Spaces: 0
Driveway: On-Street Parking
Lot Size: 2500 SF
Lot Size in Acres: 0.06
Zoning: R-2
Garage Description: On-Street Parking
Building Total Area (Sq. Ft.): 1,496
School
Elementary School: ROOSEVELT
Jr. High School: COLUMBUS
High School: GARFIELD
Additional Information
Property Type: RI
Year Built: 1913
Status: Active
Tax Amt / Rate / Yr: 8043 / 3.479 / 2025
Days On Market: 36


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
LIFESTYLE INTERNATIONAL REALTY
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GSMLS (Broker IDX) data last updated at November 4, 2026, 12:47 AM ET