698 Fairview Ave Fairview, NJ 07022
Estimated payment $7,699/month
About This Home
Rare Opportunity to Own a Well-Maintained 3-Family Property in a Prime Commuter Location. Welcome to 698 Fairview Avenue in Fairview, a fantastic investment opportunity offering strong rental potential and an ideal location for NYC commuters. Conveniently situated near NJ Transit bus lines with direct access to New York City, this property is also just minutes from major highways, making travel to Manhattan and surrounding areas quick and convenient. Residents will enjoy close proximity to supermarkets, local shops, restaurants, parks, and other everyday amenities, providing excellent walkability and neighborhood convenience. The property features three spacious units: Unit 1: Approximately 1,100 sq ft, fully renovated and in excellent condition, offering 3 bedrooms and 2 full bathrooms. Unit 2: Also approximately 1,100 sq ft, beautifully renovated 3-bedroom, 2-bathroom unit in excellent condition. Unit 3: Fully renovated 2-bedroom, 2-bathroom unit of approximately 850 sq ft. The property includes 5 total parking spaces, consisting of 2 garage spaces and 3 driveway spaces. • Unit 1: 2 garage spaces + 1 driveway space • Unit 2: 1 driveway space • Unit 3: 1 driveway space A shared backyard is available for all residents to enjoy. This property presents an excellent opportunity for investors or owner-occupants seeking a well-located multi-family home with strong income potential in a highly desirable commuter-friendly neighborhood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,126
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Additional Features
- Laundry in Basement
- 4,522 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 29 / 601
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 | $17,021 | $752,800 | $194,000 | $558,800 |
| 2024 | $15,920 | $735,900 | $185,000 | $550,900 |
| 2023 | $15,782 | $704,100 | $171,500 | $532,600 |
| 2022 | $15,782 | $678,800 | $167,000 | $511,800 |
| 2021 | $16,012 | $645,900 | $155,700 | $490,200 |
| 2020 | $15,693 | $606,600 | $153,500 | $453,100 |
| 2019 | $15,626 | $465,600 | $115,100 | $350,500 |
| 2018 | $15,672 | $465,600 | $115,100 | $350,500 |
| 2017 | $15,179 | $465,600 | $115,100 | $350,500 |
| 2016 | $14,345 | $465,600 | $115,100 | $350,500 |
| 2015 | $13,591 | $465,600 | $115,100 | $350,500 |
| 2014 | $13,288 | $465,600 | $115,100 | $350,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | For Sale | $1,175,000 | +133.1% | -- | |
| 12/18/2017 12/18/17 | Sold | $504,000 | +1.0% | $176 / Sq Ft | View Prior Sale |
| 10/25/2017 10/25/17 | Pending | -- | -- | -- | |
| 10/11/2017 10/11/17 | For Sale | $499,000 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $504,000 | -- |
Source: New Jersey MLS
MLS Number: 26007684
APN: 18-00601-0000-00029
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Ask me questions while you tour the home.