5+ Mixed Use For Sale in Garfield, NJ
MLS# : 25007289
PROPERTY DETAILS
PROPERTY DESCRIPTION
For sale 230 River Drive Garfield, NJ 07026 (the "Property), which is a 0.071 acre lot with a 4,536 SF, 3-story, 6 unit, apartment building, plus basement. All units are 1 bedroom, 1 bath with hardwood floors, new windows, updated kitchens and appliances and overall well maintained. Hallways boast newer luxury vinyl flooring and fresh paint. Basement consists of individual storage areas for each unit as well as coin operated laundry. Tandem driveway parking for three cars which is rented out separately from units. Shared back yard area for tenants. Property sits in front of the newly redesigned River Walk, desirable outdoor walking path for residents. Property is in close proximity to Route 46, Route 80, tons of shops, restaurants, public transportation, and more. All units leased with good, long-term tenants in place. Solid investment property to add to any portfolio. Owner holds a NJ Real Estate License. Property located in a flood zone, insurance may be required.
Amenities
This listing is a courtesy of Blueline Realty Group LLC
(201) 440-3700 office, listing agent Alex Ferenczi Jr.
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Garfield, NJ Real Estate Market
The journey of the formation of Garfield as an independent town began in 1873 when it was known as East Passaic. In 1881, the town was renamed Garfield to pay honour to one of the presidents of the United States of America, James Garfield. When James Garfield died in 1881, a train station in East Passaic got named after him, which eventually became the name of the whole town.
The expansion of Garfield as a city began in 1898 by including portions of the Saddle River Township and Wallington together. The boundaries of the town got defined under an act introduced by New Jersey Legislature. The official naming of the town as Garfield happened in 1917 based on a referendum.
Garfield shares its boundaries with a few other boroughs like Saddle Brook, Elmwood Park and South Hackensack. A few prominent places of interest located in Garfield are Dundee Dam, Plauderville, Dahnert’s Lake County Park and Bogart Heights.
| Population: | 30,487 |
| Total Housing Units: | 11,877 |
| Single Family Homes: | 5,468 |
| General Tax Rate (2023): | 3.281% |
| Effective Tax Rate (2023): | 2.006% |
| Compare To Other Towns |
Garfield Market Indicators
PRICE INDEX
| Average Price* (12mo): | $532,429 |
| Homes Sold* (12mo): | 46 |
SINGLE FAMILY HOME SALES
Garfield, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.281% |
| Effective Tax Rate (2023): | 2.006% |
Similar Listings in Garfield
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 Madison Adams 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.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 03/31/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
