391 Macarthur Ave, Garfield, NJ 07026

This residential income property located at 391 Macarthur Ave in Garfield, NJ, presents a compelling opportunity for investors or owner-occupants. Built in 1953, this multi-family residence offers four bedrooms and three bathrooms across a total finished square footage of 1,568. The property is situated on a 5,133 square foot lot in Bergen County and is being offered for sale in "as-is" condition. Buyers will be responsible for obtaining the municipal Certificate of Occupancy and fire certifications.

The home is configured with two distinct rental units, providing immediate income potential. In addition to the two units, an expansive, fully finished walk-out basement offers significant extended living space. This lower-level area includes a convenient summer kitchen, a full bathroom, and a dedicated grade-level walk-out exit. While not classified as a legal third apartment, this multi-purpose zone is suitable for recreational use, a home office, or guest quarters.

Management and tenant relations are streamlined with separate utility meters for each unit. The property also features a low-maintenance backyard, ideal for outdoor enjoyment, and a dedicated driveway for parking. The home's location in Garfield, NJ, offers excellent commuter convenience, with proximity to major highways including Route 46, Route 21, and the Garden State Parkway, facilitating an easy commute to New York City.

Residents will benefit from the property's close proximity to local Garfield schools, various county parks, a diverse range of dining establishments, and public transportation options. The surrounding neighborhoods include Downtown, Lakeview, Saddle Brook, and Botany Section, offering a well-established community setting. Annual property taxes are approximately $9,306.