$699,999
PENDING $75K PRICE DROP

358 River Dr Garfield, NJ 07026

Estimated payment $4,514/month

Total Views 17,555
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

CALL JOHN 201-694-4971 Welcome to this fantastic income-producing three family property located Garfield, NJ. The property features 2 homes! 1st a 2-family home, each unit boasting 2 bedrooms and 1 bathroom, perfect for maximizing rental income as well as an unfinished basement. In addition, there is a separate single-family home with 1 bedroom and 1 bathroom, providing even more rental income. Tenants will appreciate the oversized driveway, providing ample parking space. The gas and electric utilities are paid by the tenants, resulting in lower overhead costs for the landlord. With low taxes, this property is an excellent investment opportunity. Don't miss your chance to own this outstanding property, schedule a viewing today!

Listing Agent

John Freitag III

Keller Williams City Views Realty Listed on: 02/24/2025

Keller Williams City Views Realty

Co-Listing Agent

Emilia Freitag

Keller Williams City Views Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,772

Lot Details

  • 5,340 Sq Ft Lot
  • Lot Dimensions are 50x106

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00021 / 00072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,772

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Mls Id: 2800
  • Co List Office Phone: 201-592-8900
  • MLS Status: Under Contract - Under Contract
  • Directions: River Dr.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: two family home has a basement

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 50X106
  • Lot Size Sq Ft: 5340.0

Tax Info

  • Tax Annual Amount: 7772.0
  • Tax Block: 00072
  • Tax Lot: 00021

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $8,422 $256,700 $93,400 $163,300
2023 $8,006 $256,700 $93,400 $163,300
2022 $8,006 $256,700 $93,400 $163,300
2021 $7,773 $256,700 $93,400 $163,300
2020 $7,603 $256,700 $93,400 $163,300
2019 $7,460 $256,700 $93,400 $163,300
2018 $7,293 $256,700 $93,400 $163,300
2017 $7,164 $256,700 $93,400 $163,300
2016 $6,951 $256,700 $93,400 $163,300
2015 $6,779 $256,700 $93,400 $163,300
2014 $6,600 $256,700 $93,400 $163,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Pending -- -- --
06/01/2025 06/01/25 Price Changed $699,999 -9.7% --
02/24/2025 02/24/25 For Sale $775,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $267,000 New Conventional
Closed $185,000 Balloon
Closed $105,000 No Value Available
Source: Public Records

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Source: New Jersey MLS

MLS Number: 25005841

New Jersey MLS

APN: 21-00072-02-00021