NOT LISTED FOR SALE

88 Harrison Ave Garfield, NJ 07026

Estimated Value: $773,000 - $1,042,000

7 Beds
4 Baths
2,530 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $850,000 $336 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,165/month

57 Days on Market

About This Home

As of August 2022

Incredible opportunity to own this turnkey 3-Family investment with strong rent roll. This all-brick multi-family home was completely updated in 2019, including upgraded electric, plumbing and windows. The ground level and first floor apartments feature two bedrooms, full bath, updated kitchen, and in unit laundry. The second-floor apartment features three bedrooms, full bath, updated kitchen, and in unit laundry. Bonus finished basement space with full bath and separate entrance adds tremendous value for an owner-occupant. Each unit has separate gas, heat, and electric meters. Enjoy convenient access to the Garfield Train station, restaurants, and shops.

Last Agent to Sell the Property

Aleshia Jijon

Coldwell Banker, Alpine/Closter Listed on: 06/20/2022

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Meagan Moussou

Coldwell Banker, Wayne

Coldwell Banker, Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,449

Year Built

  • 1910

Lot Details

  • 1,969

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in unit
  • 1,969 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00043 / 00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,449

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 567-7788
  • MLS Status: Sold - Sold
  • Directions: Midland Ave to Harrison Ave
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Remarks: Finished, full bath, private entrance

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 1969.0

Tax Info

  • Tax Annual Amount: 8449.0
  • Tax Block: 00039
  • Tax Lot: 00043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 10, 2022
Sold by
Florin Bunjaj
Bought by
Rodriguez Raul
Seller's Agent
Aleshia Jijon
Coldwell Banker, Alpine/Closter
Buyer's Agent
Meagan Moussou
Coldwell Banker, Wayne
List Price
$849,000
Sold Price
$850,000
Premium/Discount to List
$1,000
0.12%
Total Days on Market
57
Views
5
Current Estimated Value
$894,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,768
Avg. Annual Appreciation
1.85%
Original Mortgage
$250,000
Outstanding Balance
$240,608
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$654,160

Purchase Details

Closed on
Jun 30, 2020
Sold by
Fbu Llc
Bought by
Bunjaj Florin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2018
Closed on
Apr 30, 2019
Sold by
Scarpulla Carmelo and Scarpulla Isabella
Bought by
Pbu Llc
Seller's Agent
Michael Todaro
Serhant New Jersey LLC
Buyer's Agent
Christopher Spitaletto
Weichert Realtors, Hoboken
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
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
Rodriguez Raul $850,000 Westcor Land Title
Bunjaj Florin $155,000 Surety Lender Services Llc
Pbu Llc $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Raul $250,000
Previous Owner Bunjaj Florin $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $850,000 +0.1% $336 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $849,000 +102.1% $336 / Sq Ft
05/02/2019 05/02/19 Sold $420,000 +5.3% $166 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
10/28/2018 10/28/18 For Sale $399,000 -- $158 / 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
2024 $13,701 $417,600 $75,500 $342,100
2023 $13,025 $417,600 $75,500 $342,100
2022 $8,702 $279,000 $75,500 $203,500
2021 $8,448 $279,000 $75,500 $203,500
2020 $8,264 $279,000 $75,500 $203,500
2019 $8,108 $279,000 $75,500 $203,500
2018 $7,926 $279,000 $75,500 $203,500
2017 $7,787 $279,000 $75,500 $203,500
2016 $7,555 $279,000 $75,500 $203,500
2015 $7,368 $279,000 $75,500 $203,500
2014 $7,173 $279,000 $75,500 $203,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22022718

New Jersey MLS

APN: 21-00039-02-00043