Seller's Agent in 2025
John Freitag III
Prominent Properties Sotheby's International Realty-Ridgewood
(201) 694-4971
1 in this area
70 Total Sales
358 River Dr Garfield, NJ 07026
5
Beds
3
Baths
1,480
Sq Ft
5,340
Sq Ft Lot
About This Home
As of August 2025CALL 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!
Last Agent to Sell the Property
Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 02/24/2025
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2025
Closed on
Aug 20, 2025
Sold by
Jakubowski Christopher
Bought by
Lyovkin Pavlo and Lyovkin Veronika
Seller's Agent
John Freitag III
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Rajeev Sinha
Keller Williams Village Square Realty
List Price
$775,000
Sold Price
$675,000
Premium/Discount to List
-$100,000
-12.9%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,793
Avg. Annual Appreciation
-1.91%
Original Mortgage
$506,250
Outstanding Balance
$505,813
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$164,394
Purchase Details
Closed on
Feb 26, 1999
Sold by
Jakubowski Jesse and Jakubowski Irene
Bought by
Jakubowski Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.35%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $675,000 | First American Title Insurance | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $506,250 | New Conventional | |
| Previous Owner | $105,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | $675,000 | -3.6% | $456 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/01/2025 06/01/25 | Price Changed | $699,999 | -9.7% | $473 / Sq Ft |
| 02/24/2025 02/24/25 | For Sale | $775,000 | -- | $524 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $8,566 | $256,700 | $93,400 | $163,300 |
| 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
Agents Affiliated with this Home
-
John Freitag III
-
Emilia Freitag
Seller Co-Listing Agent in 2025
Emilia Freitag
Keller Williams City Views Realty
(201) 741-8445
1 in this area
85 Total Sales
-
Rajeev Sinha
Buyer's Agent in 2025
Rajeev Sinha
Keller Williams Village Square Realty
(917) 826-7000
1 in this area
22 Total Sales
Map
Source: New Jersey MLS
MLS Number: 25005841
APN: 21-00072-02-00021
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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