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Three-Unit Residential Income Property
For Sale
Contact for pricing
Pending

280 MacArthur Ave, Garfield, NJ 07026

Tenant-occupied three-family home offers two- and three-bedroom units with on-site parking and a large backyard.

Property SizeContact for details
Days on Market149

Property Features for 280 MacArthur Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Terrie O'Connor Realtors
Listed By: Alexis J Emiliano · License #1969892
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Sep 5 at 11:52PM

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 Terrie O'Connor Realtors

Investment Insights

Based on property information with market context.

This three-family residential income property features three separate units with full baths and eat-in kitchens. Unit 1 includes two bedrooms, a spacious living room, and an eat-in kitchen with pantry. Units 2 and 3 each include three bedrooms, a living room, a large eat-in kitchen, and a full bath. Unit 2 is reported to have a dishwasher and newer cabinets. Utilities are located in the basement.

The property includes a large backyard with a tool shed and a huge driveway with parking for all units. It is located on a quiet street near public transportation, schools, houses of worship, and shopping. The home is tenant-occupied, and a tenant is related to the owner. Multiple offers are reported; no additional showings.

Key Highlights

  • Three‑family home with tenant occupancy; live in one unit and collect rent from the other two or rent all three
  • Unit 1 features 2 bedrooms, a spacious living room, eat‑in kitchen with pantry, and a full bath
  • Units 2 and 3 each offer 3 bedrooms, a living room, large eat‑in kitchen, and a full bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Veterinary Clinic Nursing Home (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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,385
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Tenant-occupied three-family home offers two- and three-bedroom units with on-site parking and a large backyard.
Where is this triplex located?
The property is located at 280 MacArthur Ave Garfield, NJ.
What are key features of this property?
This property features: Three‑family home with tenant occupancy; live in one unit and collect rent from the other two or rent all three; Unit 1 features 2 bedrooms, a spacious living room, eat‑in kitchen with pantry, and a full bath; Units 2 and 3 each offer 3 bedrooms, a living room, large eat‑in kitchen, and a full bath
(201) 934-4900 Call to check price and availability
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