252 River Drive Garfield, NJ ^$ 1,750,000

252 River Drive

^$ 1,750,000

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252 River Drive

Garfield, NJ, 07026

^$ 1,750,000

Studio Baths0.0

Monthly Estimate*

^$ 12,224

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Studio

Commercial Property for sale in Garfield, NJ

for $1,750,000. This building was built in 1970.

Great Solid Investment Opportunity! A Six Unit Apartment Building in Bergen County! All units have been renovated within past 6 months including kitchens, bathrooms, electrical and plumbing! Roof was Replaced in 2015. All Units Have Individual Furnaces and Hot Water Heaters bought this year. All Units are Separately Metered for Gas and Electric. Rents are now at current market rates. Enjoy a 6.80 CAP with the potential to exceed 9 CAP in a short 12 months. Rent Roll and Expense Sheet can be Provided Upon Request. Enjoy a low maintence real estate investment like no other!

Commercial Active

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,569

Style

5+Family

Year Built

1970

Town/City

Garfield

County/Region

Bergen

MLS | Web ID

23038001

Features

General

Area 0221

Style 5+Family

Roof Flat

Status ACTIVE

Year Built 1970's

Exterior

Substyle 5-25

* Excluded Features

Affordability Calculator

$13,605

Per Month

Monthly Principal & Interest: $12,224
Monthly Property Taxes: $1,381
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Garfield, NJ

Average List Price ^$971,817

Percent of Sale Price 44%

About Garfield, NJ

32,091 Population

8% Since 2002

^$50,773 Median Income

38.01 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

843640 Elementary School

843641 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$1,750,000	-5.41%	Price Down
12/23/2023	$1,850,000		Listed Price

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252 River Drive, Garfield, NJ, 07026 is a Commercial Property for sale at $1,750,000. 252 River Drive is a studio with 0.0 baths and was built in 1970. The property's zip code is 07026 which is in Garfield, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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 Weichert Realtors 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.

All information deemed reliable but not guaranteed. Last date updated: 4/30/2024.

Source: New Jersey Multiple Listing Service, Inc.

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252 River Drive

Commercial Property for sale in Garfield, NJ

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