Commercial Sale For Sale

671 Midland Avenue, Garfield, Nj 07026

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Property Description

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!

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24020860
Price : $6,500,000
Status : Active Under Contract
Office Name : EXP Realty, LLC - Saddle Brook
Agent Name : Halina
Roof : Peaked
Features
Architectural Style : 5+Family
Address Map
Country : US
State : NJ
County : BERGEN
City : Garfield
Zipcode : 07026
Street : Midland
Street Number : 671
Street Suffix : Avenue
Longitude : W75° 53' 49.4''
Latitude : N40° 53' 14.6''
Additional Information
On Market Date : 2024-06-28
Financial
Tax Annual Amount : 64133
Listing Information
List Agent Mls Id : 12787
List Office Mls Id : 284704
Mls Status : Under Contract
Modification Timestamp : 2025-02-13T14:15:18Z
Originating System Name : njmls
Status Change Timestamp : 2024-12-18
Commercial Sale For Sale
  • Listing ID : 24020860
$6,500,000
Agent info
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