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First-Floor Multifamily Apartment
For Lease
$3,200/Mo

247 Malcolm Avenue 1, Garfield, NJ 07026

First-floor apartment with in-unit laundry, solar panels, and convenient access to shopping, parks, transit, and major roadways.

Days on Market46

Property Features for 247 Malcolm Avenue 1

General Information

Standard status Active
Property subtype 2 Family

Amenities

washer and dryer
solar panels
Listing Agency: EXP Realty, LLC
Listed By: Dionne Harris-Jackman
Source: Tarvinrealtors
Added: Jun 19 Changed: Jul 31 Last Checked: Aug 2 at 11:55AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This first-floor apartment is located within a two-family home at 247 Malcolm Avenue in Garfield, New Jersey. The residence offers 3 bedrooms and 2 full bathrooms, along with a bright living area, functional kitchen, and generously sized bedrooms. A washer and dryer are included in the unit, and solar panels are installed at the property.

The apartment is situated near local shopping, parks, public transportation, and major roadways, providing access to everyday services, outdoor spaces, and regional commuting routes. Its first-floor layout and two-bathroom configuration provide practical flexibility for residential occupancy.

Key Highlights

  • 3‑bedroom, 2‑bath first‑floor apartment
  • Located in a two‑family home at 247 Malcolm Avenue 1, Garfield, NJ 07026
  • Washer and dryer included in the unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Garden Center

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

1,285
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 - First-floor apartment with in-unit laundry, solar panels, and convenient access to shopping, parks, transit, and major roadways.
Where is this multifamily property located?
The property is located at 247 Malcolm Avenue 1 Garfield, NJ.
What is the lease rate?
The lease rate is $3,200 /Mo.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath first‑floor apartment; Located in a two‑family home at 247 Malcolm Avenue 1, Garfield, NJ 07026; Washer and dryer included in the unit
More about this property
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