126 Macarthur Ave Garfield, NJ 07026
Estimated payment $5,470/month
Highlights
- Corner Lot
- Patio
- Electric Baseboard Heater
- 1 Car Detached Garage
- Zoned Heating
- Privacy Fence
About This Home
**PRIME 2-FAMILY INVESTMENT OPPORTUNITY IN GARFIELD, NJ!** Great for investors or first-time buyers seeking rental income! Discover this versatile 2-family home, ideal as a lucrative investment property or a smart entry for first-time buyers who want built-in rental assistance to offset mortgage costs. Generate multiple income streams with ease! Key features: spacious layout with 5 bedrooms and 3 full bathrooms [on each floor] " perfect for large groups or high-yield tenants. Income potential with current rents below market value, offering instant upside. Single-car garage is currently rented separately [$500/month]. Separate utilities for hassle-free management. Outdoor upgrade includes brand-new patio for relaxation or tenant appeal. Prime location with walking distance to public transportation, parks, schools, shopping, and places of worship " everything you and/or your tenants need! **LOW TAXES** - Keep more of your profits with affordable property taxes. This property screams multiple revenue streams " live in one unit, rent the other [and the garage!], or lease both for maximum ROI [$5,100/month currently for entire home and garage]. Don't miss out on this turnkey gem in a convenient Garfield neighborhood! Be sure to preview the 3-D virtual tour and Seller's Property Condition Disclosure for more info! Present all offers with pre-approval and/or proof of funds. SCHEDULE YOUR PRIVATE APPOINTMENT NOW!
Listing Agent
SALVATORE LOCASCIO
KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 11/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,766
Year Built
- Built in 1910 | Remodeled
Lot Details
- 5,000 Sq Ft Lot
- Privacy Fence
- Corner Lot
- Level Lot
Parking
- 1 Car Detached Garage
- On-Street Parking
- Parking Garage Space
Home Design
- Flat Roof Shape
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Patio
Schools
- Garfield High School
Utilities
- Zoned Heating
- Radiator
- Electric Baseboard Heater
- Standard Electricity
- Gas Water Heater
Community Details
- 1,440 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1121-00046-0000-00001-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,766 | $262,700 | $125,000 | $137,700 |
| 2024 | $8,619 | $262,700 | $125,000 | $137,700 |
| 2023 | $8,194 | $262,700 | $125,000 | $137,700 |
| 2022 | $8,194 | $262,700 | $125,000 | $137,700 |
| 2021 | $7,955 | $262,700 | $125,000 | $137,700 |
| 2020 | $7,781 | $262,700 | $125,000 | $137,700 |
| 2019 | $7,634 | $262,700 | $125,000 | $137,700 |
| 2018 | $7,463 | $262,700 | $125,000 | $137,700 |
| 2017 | $7,332 | $262,700 | $125,000 | $137,700 |
| 2016 | $7,114 | $262,700 | $125,000 | $137,700 |
| 2015 | $6,938 | $262,700 | $125,000 | $137,700 |
| 2014 | $6,754 | $262,700 | $125,000 | $137,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2025 11/15/25 | For Sale | $899,000 | +60.5% | $624 / Sq Ft | |
| 12/14/2021 12/14/21 | Sold | $560,000 | +13.1% | $389 / Sq Ft | View Prior Sale |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- | |
| 10/15/2021 10/15/21 | For Sale | $495,000 | 0.0% | $344 / Sq Ft | |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- | |
| 09/21/2021 09/21/21 | For Sale | $495,000 | -- | $344 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Commonwealth Land Title | |
| Deed | -- | Commonwealth Land Title | |
| Deed | -- | Commonwealth Land Title | |
| Deed | $545,500 | New Jersey Land Title | |
| Deed | $455,000 | -- | |
| Deed | $206,700 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $413,000 | New Conventional | |
| Previous Owner | $398,250 | Construction | |
| Previous Owner | $364,000 | No Value Available | |
| Previous Owner | $187,250 | FHA |
Source: Garden State MLS
MLS Number: 3997204
APN: 21-00046-0000-00001
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