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126 MacArthur Ave, Garfield, NJ, 07026

4beds
3baths
1,440sqft
$799,750
$555price/sqft
$5,723/moest. monthly cost
$228,920/yrincome needed

About This Home

**PRIME 2-FAMILY INVESTMENT OPPORTUNITY IN GARFIELD, NJ!** Great for investors or first-time buyers seeking rental income! Discover this versatile 2-family home, ideal as a lucrative investment property or a smart entry for first-time buyers who want built-in rental assistance to offset mortgage costs. Generate multiple income streams with ease! Key features: spacious layout with 4 bedrooms and 3 full bathrooms [on each floor] " perfect for large groups or high-yield tenants. Income potential with current rents below market value, offering instant upside. Single-car garage is currently rented separately [$650/month]. Separate utilities for hassle-free management. Outdoor upgrade includes brand-new patio for relaxation or tenant appeal. Prime location with walking distance to public transportation, parks, schools, shopping, and places of worship " everything you and/or your tenants need! **LOW TAXES** - Keep more of your profits with affordable property taxes. This property screams multiple revenue streams " live in one unit, rent the other [and the garage!], or lease both for maximum ROI [$5,450/month currently for entire home and garage]. Don't miss out on this turnkey gem in a convenient Garfield neighborhood! Be sure to preview the 3-D virtual tour and Seller's Property Condition Disclosure for more info! Present all offers with pre-approval and/or proof of funds. SCHEDULE YOUR PRIVATE APPOINTMENT NOW!

Getting Around

86
WalkingVery Walkable
48
TransitSome Transit
37
BikeSomewhat Bikeable

Schools

9/10
Roosevelt School No 7Grades PK-50.2 mi
4/10
Garfield Middle SchoolGrades 6-81.5 mi
3/10
Garfield High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Flat
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Dining Room,Kitchen,Living Room,Rec Room,Ceiling Fan(s)
  • Flooring: Tile,Vinyl-Linoleum Floors,Wood

Heating

  • Heating features: 2 Units,Baseboard - Electric,Zoned,Radiators - Hot Water,Electric,Natural Gas

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 1121000460000000010000
  • Zoning description: R-2
  • Exclusions: Personal belongings

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 4,791 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 5000 SF

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Concrete Strip,On Street,Detached Garage,Garage,On-Street Parking
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $4,043$48,516
Home Insurance *$228$2,736
Property Taxes $1,259$15,108
Electricity $193$2,318
Total$5,723$68,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,217/yr
40% on housing$171,690/yr
45% on housing$152,613/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$555This listing

vs Other Active Listings

Avg $/sqft

ZIP 07026$364
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07026$417
Bergen County$452

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

DateEventPrice
2026-03-27Price change$835,000
2026-01-27Price change$849,000
2025-11-11Listed for sale$899,000
2021-12-14Sold$560,000

For Sale by Agent

AgentSalvatore Locascio
BrokerageKeller Williams Prosperity Realty

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