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43 Belmont Ave
Garfield, NJ 07026

$3,300,000 USD

Apartments For Sale  •  5,000 SF

Property Details

• Property Type Apartments
• Total Building Size 5,000 SF
• Lot Size 0.13 AC
• Building Class C
• Year Built 1934
• Cap Rate 4.92 %
• Zoning B1

30 Transit Score

70 Walk Score

Highlights

Valid DCA State Inspection - Inspection certificate good through 2031

Significant Rental Upside - 20%+ in residential rents

No Rent Control - Garfield is a no rent control municipality

Low Maintenance Property

Access to Mass Transit - Less than 1-mile from Garfield Train Station & NJT bus stop across the street

Property Flyers

Garfield, NJ - 43 Belmont Avenue_ OM-compressed

Cap Rate:

4.92 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Garfield (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	3 min	16 min	0.8 mi
Plauderville (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	1.1 mi
Transit/Subway	Drive	Walk	Distance
Garfield (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Newark Liberty International	22 min	-	17.0 mi
LaGuardia	36 min	-	21.6 mi
John F Kennedy International	48 min	-	32.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes