This residential property located at 395 River Dr, Garfield, NJ 07026, presents a unique opportunity as a two-family home. Built in 1926, this residence has been updated and is in excellent condition. The first floor is currently owner-occupied, offering flexibility for a new owner. The second floor is tenant-occupied, with the current lease scheduled to expire on December 20th.
The property includes a two-car garage, providing ample parking and storage space. Additionally, the home sits on a substantial lot measuring 5,256 square feet. This large lot is currently rented separately, generating additional income for the property owner. The total finished square footage of the home is 1,230 square feet, with 8 total rooms.
Interior features include two full bathrooms and laundry facilities located in the basement. The home is connected to natural gas and electricity, with natural gas and water services also connected. The property type is classified as Residential Income, specifically a Multi-Family dwelling, offering potential for diversified revenue streams.
Annual property taxes for this Garfield address were recorded at $7,474. The home is situated in Bergen County. This property combines living space with income-generating potential, making it a noteworthy option for prospective buyers seeking a versatile real estate investment.
Century 21 Calabrese Realty
201-600-0337
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