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Renovated Two-Bedroom Apartment
New
For Lease
$2,600/Mo

116 Outwater Lane, Garfield, NJ 07026

Updated second-floor apartment with in-unit laundry, central air, and parking.

Space SizeContact for details
Days on Market4

Property Features for 116 Outwater Lane

General Information

Standard status Active
Total Parking Spaces 1
Property subtype 2 Family

Amenities

central air
in-unit washer and dryer
stainless-steel appliances
Listing Agency: Modern Realty Group
Listed By: Joanna B. Rebisz
Source: Tarvinrealtors
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 5:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Modern Realty Group

Investment Insights

Based on property information with market context.

This second-floor apartment has been renovated with new flooring, stainless-steel appliances, and fresh interior paint. The layout includes 2 bedrooms, a den, a separate dining room, and a spacious living room, along with an in-unit washer and dryer. Central air and one parking spot are included.

The property is situated near NYC transit, parks, shopping, restaurants, and everyday amenities. Its combination of updated finishes, multiple living areas, and included conveniences provides a practical residential layout.

Key Highlights

  • 2 bedrooms plus a den
  • Second‑floor apartment with separate dining room and spacious living room
  • Renovated with brand‑new flooring and stainless‑steel appliances

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Skin Care Clinic Nursing Home Daycare Center Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,712
Businesses Nearby

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Updated second-floor apartment with in-unit laundry, central air, and parking.
Where is this multifamily property located?
The property is located at 116 Outwater Lane Garfield, NJ.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: 2 bedrooms plus a den; Second‑floor apartment with separate dining room and spacious living room; Renovated with brand‑new flooring and stainless‑steel appliances
More about this property
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