NOT LISTED FOR SALE

65 Macarthur Ave Garfield, NJ 07026

Estimated Value: $618,000 - $800,000

7 Beds
3 Baths
1,903 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $621,000 $326 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,584/month

12 Days on Market

About This Home

As of May 2023

Amazing updated income producing two family in Bergen County! Generating $5,075 a month with great tenants. Main Unit Duplex features; Living Room, Dining Room, Kitchen, 3 Bedrooms, and a full bath in the first level; and a family room, 2 Bedrooms, and full bath in the second level. The Ground Floor Unit features a living room, gourmet eat-in kitchen with peninsula, 2 bedrooms, full bathroom and laundry room. House was recently updated and offers, new roof, newer kitchens and bathrooms, as well as floors, recessed lighting and much more. Located close to transportation bus/train to NYC, close to schools, close to a shopping mall and (Walmart). Low taxes and a large backyard. For investors this is a +8% CAP rate.

Last Agent to Sell the Property

Oscar Cajiao

Compass New Jersey, LLC-Montclair Listed on: 03/23/2023

Compass New Jersey, LLC-Montclair

Last Buyer's Agent

Michael Guarriello

Keller Williams Valley Realty

Keller Williams Valley Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,136

Lot Details

  • 4,613

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 4,613 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00019 / 00038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,136

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: Harisson to Macarthur
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Remarks: NA

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4613.0

Tax Info

  • Tax Annual Amount: 9136.0
  • Tax Block: 00038
  • Tax Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 2, 2023
Sold by
Our Nice House Llc
Bought by
Katwala Sharvil and Shah Nikhil
Seller's Agent
Oscar Cajiao
Compass New Jersey, LLC-Montclair
Buyer's Agent
Michael Guarriello
Keller Williams Valley Realty
List Price
$600,000
Sold Price
$621,000
Premium/Discount to List
$21,000
3.5%
Views
156
Current Estimated Value
$688,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,433
Avg. Annual Appreciation
4.65%
Original Mortgage
$465,750
Outstanding Balance
$455,313
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$233,120

Purchase Details

Closed on
Oct 6, 2020
Sold by
Crisafi Peter S
Bought by
Our Nice House Llc

Purchase Details

Closed on
Aug 15, 2000
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Katwala Sharvil $621,000 None Listed On Document
Our Nice House Llc $350,000 Safeland Title Agency Llc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katwala Sharvil $465,750
Previous Owner Crisafi Peter Salvatore $5,500
Previous Owner Crisafi Peter Salvatore $3,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $621,000 +3.5% $326 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $600,000 -- $315 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

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
2025 $9,774 $292,900 $119,200 $173,700
2024 $9,610 $292,900 $119,200 $173,700
2023 $9,136 $292,900 $119,200 $173,700
2022 $9,136 $292,900 $119,200 $173,700
2021 $8,869 $292,900 $119,200 $173,700
2020 $8,676 $292,900 $119,200 $173,700
2019 $8,512 $292,900 $119,200 $173,700
2018 $8,321 $292,900 $119,200 $173,700
2017 $8,175 $292,900 $119,200 $173,700
2016 $7,932 $292,900 $119,200 $173,700
2015 $7,735 $292,900 $119,200 $173,700
2014 $7,530 $292,900 $119,200 $173,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23008312

New Jersey MLS

APN: 21-00038-06-00019