About This Home

This 11-bedroom, 4-bathroom residential multi family at 148 Palisade Avenue in Garfield, NJ is listed for $899,900. on a N/A lot.

Property Details

3 full, 1 half

Amenities

A/C
Listing Description

Excellent income-producing opportunity! This modern three-family home with numerous upgrades offers $7,650 in monthly rental income, totaling $91,800 annually. With tenants already in place and current on rent, this property offers immediate cash flow from day one Offering a total of 11 bedrooms, 3 full bathrooms and 1 half bath, the property features spacious, bright units with generous room sizes and comfortable layouts throughout.

Unit 1 offers 3 bedrooms and 1 full bath, while Unit 2 also features 3 bedrooms and 1 full bath. Unit 3 spans two levels and offers 5 spacious bedrooms, ample closet space, a large kitchen and living room, a conveniently located powder room on the first level, and a full bathroom on the second level-an ideal layout for those looking for additional space.

Conveniently located near major highways, public transportation, shopping, parks and schools, this property presents an excellent opportunity for investors or owner-occupants seeking strong rental income and plenty of living space.

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$262

Estimates only. Actual payments may vary.

Location

148 Palisade Avenue

Garfield, NJ 07026

Property Details

Cooling

Central Air

Questions & Answers

This 11-bedroom, 4-bathroom residential multi family at 148 Palisade Avenue is listed at $899,900. The estimated monthly payment is $4,812 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Ronald Aiosa II.

RI

Ronald Aiosa II

Agent at Keller Williams Prosperity Realty

Listed by Keller Williams Prosperity Realty · Broker phone: (973) 600-3262 · View on Broker Site · Broker website

MLS# 26038294· Source: New Jersey MLS Inc.· Added to PropertySimple today

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

148 Palisade Avenue, Garfield, NJ 07026

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