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20 Grand St

Garfield City, NJ 07026
  • $895,000
  • STATUS: Active Under Contract
  • ON SITE: 89 Days
  • MLS #: 4006046
Under Contract
UPDATED: 130 min ago
$895,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Investor?s dream opportunity! This fully rented 4-family property offers immediate cash flow with all units on month-to-month leases, providing maximum flexibility for rent optimization. Each unit features 2 bedrooms and 1 bathroom, with the two upper units offering an additional sitting room. The building is equipped with four separate electric meters, along with a mix of heating systems?two units with forced hot air and two with baseboard heat. While the property requires updating, it presents a strong value-add opportunity to significantly increase long-term returns. Flood insurance is required. A well-underutilized asset with substantial upside potential.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aleksandr Pritsker | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Aleksandr Pritsker | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-19T23:48:35.91.
www.blackstarsells.com/homes/172310583
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20 Grand St Garfield City, NJ 07026

  • Price: $895,000
  • Status: Active Under Contract
  • On Site: 89 Days
  • Updated: 130 min ago
  • MLS #: 4006046
8
Beds
4
Baths
0
½ Baths
0.14
Acres
1940
Built
County:
Bergen
Area:
Garfield City
Property Description
Investor?s dream opportunity! This fully rented 4-family property offers immediate cash flow with all units on month-to-month leases, providing maximum flexibility for rent optimization. Each unit features 2 bedrooms and 1 bathroom, with the two upper units offering an additional sitting room. The building is equipped with four separate electric meters, along with a mix of heating systems?two units with forced hot air and two with baseboard heat. While the property requires updating, it presents a strong value-add opportunity to significantly increase long-term returns. Flood insurance is required. A well-underutilized asset with substantial upside potential.
Exterior Features

Approximate Lot Size 6125 SF Color Of Building brick Exterior Description Brick Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorUnfinished Cooling None Heating 4+ UnitsBaseboard - HotwaterForced Hot Air Interior Features Carbon Monoxide DetectorSmoke Detector Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit1 Rooms 4 Unit1 Security Deposit 1584 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit4 Rooms 4 Unit4 Sq Ft 0

Property Features

Assessment Total 412300 Building Assessment 298900 Easement Unknown Expenses Include Cold WaterTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 50400 Land Assessment 113400 Net Operating Income 0 Sewer Public Sewer Tax Amount 13758 Tax Rate Amount 3.337 Tax Rate Year 2025 Tax Year 2024 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1050 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1050 Unit2 Security Deposit 1585 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1050 Unit3 Security Deposit 1586 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1100 Unit4 Security Deposit 1653 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Realty Executives Exceptional: 201-247-8665.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aleksandr Pritsker | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Aleksandr Pritsker | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-19T23:48:35.91.
 
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28 Valley Rd, Suite 1
Montclair NJ, 07042