671 Midland Avenue Garfield, NJ $ 6,900,000
671 Midland Avenue
$ 6,900,000
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671 Midland Avenue

Garfield, NJ, 07026
$ 6,900,000
Baths0.0

Monthly Estimate*

$ 45,860

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Studio

Commercial Property for sale in Garfield, NJ

for $6,900,000. This building was built in 1980.

Large apartment complex featuring 25 one-bedroom units (975 sq ft each) on two stories with storage possibilities in basement. Properties includes a large parking lot for 26 cars to accommodate tenants and guests, as well as newly added lighting to the lot. The property has seen several recent upgrades - new paint to the walls and doors and new flooring with washer/dryer and AC split systems in select units, new gym, front and back decks, laundry room (coin operated adds extra income) and bathroom in basement, new roof (3 years old), new electrical boxes, hot water heaters, and fire alarm up to code. Entry and All units are metered separately. Tenants pay all utilities. Located right across from train station and bus stops allowing quick and efficient travel locally within New Jersey and other major cities such as New York and Pennsylvania. This property is the perfect value-add opportunity for savvy investors!

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Commercial Active

Price

$ 6,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 64,133

Style

5+Family

Year Built

1980

Town/City

Garfield

County/Region

Bergen

MLS | Web ID

24020860

Features
General
Area 0221
Style 5+Family
Roof Peaked
Status ACTIVE
Year Built 1980's Renovated
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Exterior
Substyle 5-25
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* Excluded Features

Affordability Calculator

$51,204
Per Month
90%
10%
0%
Monthly Principal & Interest
$45,860
Monthly Property Taxes
$5,344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/28/2024$6,900,000 Listed Price

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671 Midland Avenue, Garfield, NJ, 07026 is a Commercial Property for sale at $6,900,000. 671 Midland Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 07026 which is in Garfield, NJ