$1,545,000
For Sale

471 Harrison Avenue

Garfield, NJ 07026
Browse 41 photos
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

Introducing 471 Harrison Ave, Garfield — a fully gut-renovated 5-unit multifamily property offering a strong 5.5% cap rate and stable, consistent rental income. The building consists of four 1-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, all fully occupied with separate utilities for each apartment. Renovated just four years ago, the property features updated interiors, modern finishes, and a coin-operated laundry machine in the basement for added cash flow. Located in a high-demand rental area of Bergen County, this low-maintenance asset is ideal for investors seeking immediate returns and long-term value. Conveniently close to shopping, restaurants, highways, and transit options. Don’t miss this rare opportunity to acquire a fully stabilized building with solid returns in the heart of Garfield.

  • Property Details
      • Date ListedMay 29, 2025
      • Original List Price$1,545,000
      • Property TypePurchase
      • MLS #25017959
      • Property Subtype5+Family
      • MLS #25017959
      • Cost1545000
      • Subdivision400

Location

Yarely CabreraReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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