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Duplex with Walk-Out Basement
New
For Sale
$849,999

261 Gaston Ave, Garfield, NJ 07026

Two apartments offer distinct bedroom and bath configurations, with a separate lower-level area opening to the yard.

Property SizeContact for details
Days on Market7

Property Features for 261 Gaston Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $13,582

Building Details

Buildings 1
Listing Agency: EXP Realty, LLC
Listed By: Veronica Mirasol
Source: Exprealty
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 11:37PM

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 duplex contains two apartments: a first-floor residence with 3 bedrooms and 2 full baths, and an upper-floor unit with 2 bedrooms and 1 full bath. The first-floor kitchen has been renovated and includes stainless steel appliances; hardwood flooring runs throughout that unit. Its basement access leads to a lower level with a full bathroom and a walk-out to the yard. The second-floor apartment offers an opportunity for updating.

A three-car driveway provides on-site parking. The yard borders 20th Century Park at the rear, with no direct rear neighbor. Routes 46 and 17 are nearby, and the train station is approximately a 10-minute walk away.

Key Highlights

  • Two‑unit duplex with 3‑bedroom/2‑bath and 2‑bedroom/1‑bath apartments
  • First‑floor kitchen renovated with stainless steel appliances; hardwood floors throughout
  • Lower level has a full bathroom and walk‑out access to the yard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Florist Bed & Breakfast

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,229
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two apartments offer distinct bedroom and bath configurations, with a separate lower-level area opening to the yard.
Where is this duplex located?
The property is located at 261 Gaston Ave Garfield, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom/2‑bath and 2‑bedroom/1‑bath apartments; First‑floor kitchen renovated with stainless steel appliances; hardwood floors throughout; Lower level has a full bathroom and walk‑out access to the yard
More about this property
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