7% 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.
Sold for $730,000
$730,000
402 River Dr, Garfield, NJ 07026
3beds
--sqft
Multi Family
Built in ----
-- sqft lot
$845,700 Zestimate®
$--/sqft
$3,142 Estimated rent
Home value
$845,700
$787,000 - $913,000
$3,142/mo
Zestimate® history
Owner options
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$3,142/mo
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$3,142/mo
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$4,996/mo
Est. payment
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$4,996/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Peter Boutros 908-913-8708,
EXP Realty, LLC
Bought with:
Richard Hartnett
Modern Realty Group
Source: NJMLS,MLS#: 23027975
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: None
Property
Parking
- Total spaces: 4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
Community & HOA
Location
- Region: Garfield
Financial & listing details
- Annual tax amount: $14,272
- Date on market: 9/8/2023
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $730,000-0.7% |
Source:  NJMLS #23027975 Report a problem | ||
| 6/17/2024 | Pending sale | $735,000 |
Source: NJMLS #23027975 Report a problem | ||
| 2/16/2024 | Price change | $735,000-2.6% |
Source: NJMLS #23027975 Report a problem | ||
| 11/16/2023 | Price change | $755,000-2.6% |
Source: NJMLS #23027975 Report a problem | ||
| 9/9/2023 | Listed for sale | $775,000+3.3% |
Source: NJMLS #23027975 Report a problem | ||
| 2/2/2023 | Listing removed | $750,000 |
Source: NJMLS #22032416 Report a problem | ||
| 11/8/2022 | Price change | $750,000-3.2% |
Source: NJMLS #22032416 Report a problem | ||
| 10/19/2022 | Price change | $775,000-3.1% |
Source: NJMLS #22032416 Report a problem | ||
| 9/1/2022 | Listed for sale | $799,900+255.5% |
Source: NJMLS #22032416 Report a problem | ||
| 6/1/2019 | Listing removed | $225,000 |
Source: Realty Executives Exceptional Realtors� #3470964 Report a problem | ||
| 10/28/2018 | Listed for sale | $225,000-35.7% |
Source: Realty Executives Exceptional Realtors� #3470964 Report a problem | ||
| 4/11/2013 | Listing removed | $349,900 |
Source: RE/MAX Excellence #402riverdr Report a problem | ||
| 3/7/2013 | Listed for sale | $349,900 |
Source: RE/MAX Excellence #402riverdr Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 07026
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Nearby schools
GreatSchools rating
- 5/10Lincoln School No 6Grades: PK-5Distance: 0.4 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Garfield High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$845,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$845,700
- New Jersey
- Bergen County
- Garfield
- 07026
- 402 River Dr
Nearby cities
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