SOLD
25 2018
61 Passaic St
Garfield, NJ
$580,000
Commercial
Property Type
Tax Assessment Analysis
Sale Price
$580,000
Total Assessed
$301,700
Sale vs. Assessed
+$278,300
(+92.2%)
Land Value
$39,900
Building Value
$261,800
Garfield Market Overview
$658,000
Median Price
45
Total Sales
+0.0%
Year over Year
Active
Market Type
📊 Investment Analysis
$4,060
Est. Monthly Rent
$4,397
Est. Mortgage
7.4% · 20% down
-$337
Monthly Cash Flow
8.4%
Cap Rate
-3.5%
Cash-on-Cash Return
Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.
Comparable Sales in Garfield
314 Semel Ave
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· 6,998 sqft
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$580,000
+$0
202 Outwater Lane
Garfield, NJ
· 1,662 sqft
· 25 2009
$575,000
-$5,000
7 Scudder St
Garfield, NJ
· 1,592 sqft
· 25 2006
$560,000
-$20,000
44 Sampson St
Garfield, NJ
· 21,224 sqft
· 25 2009
$600,000
+$20,000
24 Jasmine Lane
Garfield, NJ
· 31,674 sqft
· 25 2008
$600,000
+$20,000
Property Record
Address
61 Passaic St, Garfield, NJ
Block / Lot
00025 / 0
Property Class
Commercial (Class 4A)
Sale Date
25 2018
Ariel Ventura
Licensed Real Estate Sales Associate
📞 Call Ariel Get Your Home Value Thinking of Selling?Interested in this area? I can show you similar properties and help you understand the market.