This residential income property, located at 394 Banta Ave in Garfield, NJ, presents a compelling opportunity. Built in 1925, this multi-family residence offers a total finished square footage of 2,247 on a 5,000 square foot lot. The property is situated in a quiet neighborhood, providing convenient access to New York City transportation, shopping centers, educational institutions, and recreational parks. The annual property taxes are reported at $10,485.
The first-floor apartment within this two-family home includes a spacious living room, a dining room, a kitchen, two bedrooms, and a full bathroom. The second-floor apartment mirrors this layout, featuring its own large living room, dining room, kitchen, two bedrooms, and a full bathroom. This configuration offers distinct living spaces, suitable for various household needs or rental income potential.
Further enhancing the property's utility, the finished attic provides three additional finished rooms, offering versatile space that can be adapted for a home office, a recreational area, or ample storage. The full finished basement contains a half bathroom, a dedicated laundry area, a utility room, and an extra room currently utilized as a walk-in closet, adding significant functional value.
Outdoor amenities include a detached garage with space for two vehicles, providing secure parking and additional storage. The property also offers outdoor space suitable for everyday use. With its combination of comfort, functionality, and a strategic location, this two-family residence is well-suited for investors seeking income-producing potential or for homeowners desiring a property with built-in revenue capabilities.
United Real Estate
201-893-2837
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