Seller's Agent in 2024
Peter Boutros
EXP Realty, LLC
(201) 831-7697
4 in this area
217 Total Sales
402 River Dr Garfield, NJ 07026
Estimated Value: $748,580
3
Beds
2
Baths
2,457
Sq Ft
$305/Sq Ft
Est. Value
About This Home
As of September 20247% 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,272
Lot Details
- 2,439
Home Design
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00042 / 00081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Sep 26, 2024
Sold by
G & R Developers Llc
Bought by
D A M Limited Partnership
Seller's Agent
Peter Boutros
EXP Realty, LLC
Buyer's Agent
Richard Hartnett
Modern Realty Group
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Views
311
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
$18,580
Avg. Annual Appreciation
1.91%
Purchase Details
Closed on
Jul 26, 2021
Sold by
Tina Liquors Llc
Bought by
G & R Developers Llc
Purchase Details
Closed on
Jun 23, 2014
Sold by
Demetrios & Efthia Christakis Llc
Bought by
Tina Liquoe Llc and Tina Bar & Restaurant Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 2007
Sold by
Sajnoski Voislav and Sajnoski Vasa
Bought by
Christakis Demetrios
Purchase Details
Closed on
Sep 8, 1999
Sold by
Limarella Inc
Bought by
Sajnoski Voislav and Sajnoski Vasa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 22, 1996
Sold by
Blanco Joan
Bought by
Limarella Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.37%
Mortgage Type
Commercial
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| D A M Limited Partnership | $730,000 | Old Republic National Title | |
| D A M Limited Partnership | $730,000 | Old Republic National Title | |
| G & R Developers Llc | $336,000 | None Available | |
| Tina Liquoe Llc | $325,000 | -- | |
| Christakis Demetrios | $225,000 | -- | |
| Sajnoski Voislav | $220,000 | Chicago Title Insurance Co | |
| Limarella Inc | $127,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tina Liquoe Llc | $227,500 | |
| Previous Owner | Sajnoski Voislav | $165,000 | |
| Previous Owner | Limarella Inc | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $730,000 | -0.7% | $297 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 02/23/2024 02/23/24 | Price Changed | $735,000 | -2.6% | $299 / Sq Ft |
| 11/16/2023 11/16/23 | Price Changed | $755,000 | -2.6% | $307 / Sq Ft |
| 09/08/2023 09/08/23 | For Sale | $775,000 | -- | $315 / Sq Ft |
Source: New Jersey MLS
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 | $14,516 | $435,000 | $81,900 | $353,100 |
| 2024 | $14,272 | $435,000 | $81,900 | $353,100 |
| 2023 | $10,449 | $435,000 | $81,900 | $353,100 |
| 2022 | $10,449 | $335,000 | $81,900 | $253,100 |
| 2021 | $10,144 | $335,000 | $81,900 | $253,100 |
| 2020 | $11,143 | $376,200 | $81,900 | $294,300 |
| 2019 | $10,932 | $376,200 | $81,900 | $294,300 |
| 2018 | $10,688 | $376,200 | $81,900 | $294,300 |
| 2017 | $10,500 | $376,200 | $81,900 | $294,300 |
| 2016 | $10,188 | $376,200 | $81,900 | $294,300 |
| 2015 | $9,935 | $376,200 | $81,900 | $294,300 |
| 2014 | $9,672 | $376,200 | $81,900 | $294,300 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Boutros
-
Richard Hartnett
R
Buyer's Agent in 2024
Richard Hartnett
Modern Realty Group
1 in this area
5 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23027975
APN: 21-00081-0000-00042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
Nearby Homes
- 402 River Dr Unit 1
- 402 River Dr Unit 3
- 402 River Dr Unit 2
- 406 River Dr
- 408 River Dr
- 410 River Dr
- 421 River Dr
- 421 River Dr Unit 1
- 25 Van Winkle Ave
- 423 River Dr
- 396 River Dr
- 394 River Dr
- 416 River Dr
- 431 River Dr
- 30 Van Winkle Ave
- 392 River Dr
- 419 River Dr Unit 5
- 419 River Dr
- 31 Van Winkle Ave
- 34 Van Winkle Ave