230 River Dr, Garfield, NJ 07026

This multi-family apartment building, located at 230 River Drive in Garfield, New Jersey, presents a substantial offering with its 4,536 square foot, three-story structure situated on a 0.071-acre lot. The property comprises six individual apartment units, each designed with one bedroom and one bathroom. Residents will appreciate the presence of hardwood floors throughout, complemented by new windows that enhance natural light and energy efficiency. The kitchens in each unit have been updated and are equipped with modern appliances, contributing to a well-maintained living environment.

Further enhancing the appeal of this income-generating property are the recent upgrades to common areas. The hallways feature newer luxury vinyl flooring, offering durability and a contemporary aesthetic, and have been freshly painted. The building also includes a basement that provides individual storage areas for each tenant, as well as coin-operated laundry facilities, adding convenience for all residents. The property benefits from tandem driveway parking that accommodates three vehicles, with this parking space currently rented separately from the units, creating an additional revenue stream.

Outdoor amenities include a shared backyard area accessible to all tenants, providing a communal space for relaxation. The building's location is a significant advantage, directly fronting the newly redesigned River Walk, a desirable outdoor path for residents. Its proximity to major thoroughfares such as Route 46 and Route 80 ensures convenient access to a wide array of shops, restaurants, and public transportation options, making it an attractive location for tenants.

This property is currently fully leased with a roster of good, long-term tenants, positioning it as a solid investment opportunity for any portfolio. The building's structure, with its three stories and six units, combined with the ongoing rental income and desirable location, makes it a notable asset in the Garfield real estate market. The property is identified by APN 2100005 00011 and is situated in Bergen County.