345 Lanza Ave, Garfield, NJ, 07026
About This Home
Rare turnkey multifamily opportunity with strong income and long-term upside. Well-maintained and recently renovated 3-family property offering a strong income-producing opportunity in a prime Garfield location. Featuring three separate units, along with 3 electric panels and 3 gas meters, this property is well-positioned for efficient utility management and long-term investment. May also be an opportunity for owner-occupants to live in one unit while generating rental income from the others. The property includes a full unfinished basement for storage and utilities, along with the rare benefit of two garages and additional off-street parking, enhancing tenant appeal and rental potential. Located close to transportation, shopping, dining, schools and major highways with easy NYC access, this property offers both immediate income potential and long-term upside. A rare opportunity to own a 3-family property in a high-demand area. See income/expense at www.cherylcrocitto.com/hometour
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: In Basement
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Property
Details
- Parcel number: 210020800000500013
Parking
- Total spaces: 2
- Parking features: Garage
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $1,732 | $20,784 |
| Electricity | $193 | $2,318 |
| Total | $7,801 | $93,612 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $949,000 |
| 2021-11-15 | Sold | $1,800 |
| 2019-04-12 | Listing removed | $1,900 |
| 2019-03-27 | Listed for rent | $1,900 |
| 2018-10-23 | Sold | $550,000 |
| 2018-06-22 | Listed for sale | $539,400 |
| 2014-04-08 | Listing removed | $1,725 |
| 2013-10-16 | Listed for rent | $1,725 |
| 2013-08-01 | Listing removed | $900 |
| 2013-07-31 | Listed for rent | $900 |
| 2013-04-19 | Sold | $390,000 |
| 2012-05-04 | Listing removed | $399,900 |
| 2011-10-11 | Listed for sale | $399,900 |
| 2004-02-23 | Sold | $375,000 |
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