7 months on rocket

402 River Dr, Garfield, NJ, 07026

$735,000

Home List Price

$8,728*

Closing Credit

3 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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402 River Dr, Garfield$735,000

Buyer Closing Credits

$8,728*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached
Attached GarageYes
HeatingNatural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #23027975
StatusActive
(ACTIVE)

About 402 River Dr

7% Cap Rate! Stunning turn key investment opportunity. First floor has 1,600 SF of commercial space ready for a restaurant or office space. The commercial space has central heat, AC and commercial Hood and freezer included. There are 2 fully renovated residential units above. The second floor has 2 bedrooms 1 bath, the 3rd floor has 1 bedroom 1 bath. Both apartments include sound proof floors which is a great plus. Everything was renovated, including new roof, siding, heating units, windows, floors plumbing and electric. Pictures were taking before tenants moved in.

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Peter Boutros

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Abraham Lincoln School #6, Public District Grades PK-5
  • Christopher Columbus School #8, Public District Grades KG-5
  • Roosevelt School #7, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $735,000

Tax Information:

  • Annual Amount: $10,932
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Garfield, NJ.

Med. List Price

$499K

Med. Price/SqFt

$280

Avg. Days On Market

79

# of Sold Homes

1

402 River Dr vs Garfield

232 DAYS ON ROCKET

+153 Days

$735,000

+$236K More

KEY TAKEAWAY

This property is $236K more than the Median List Price in Garfield, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23027975

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Peter Boutros

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 4:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2014Home Sold
$325,000
Dec 26, 2007Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,932$376,200
2019$10,687$376,200
2018$10,500$376,200
2017$10,188$376,200

History based on county public records data.

Payment Calculator

$3,736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,270

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2881120
6
/10
  • Abraham Lincoln School #6

  • 111 Palisade Ave

  • 0.41 miles

  • Public District Grades PK-5

school-card-donut-2881121
6
/10
  • Christopher Columbus School #8

  • 147 Cedar St

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-2881122
2
/10
  • Roosevelt School #7

  • 225 Lincoln Pl

  • 0.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,496. Residents of Garfield, NJ typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›New Jersey›Bergen County›Garfield›07026›402 River Dr

This home is located at 402 River Dr in Garfield, NJ and zip code 07026. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 09, 2023 and is currently priced at $735,000.

The number of homes for sale in Garfield, NJ increased by 32% between February 2024 and March 2024. In March 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $499,000.

From Rocket Homes Real Estate and based on county public records data.

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