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Garfield 07026
102 Malcolm Ave
$421,884*
● House - Off Market

102 Malcolm Ave

Garfield City, NJ 07026
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
$351,000 - $427,000
Reference Base Price*
8.20%
Since Feb 1, 2023
NY-New York
Primary Model

About This Property

Move-In Ready Single Family house featuring eat-in kitchen, dining room, living room, three bedrooms, 1.5 bathroom, and private driveway in the front of the house.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1932

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Price History

Date / Event Date Event Price
Jan 4, 2023 No longer available -
No longer available
Jan 3, 2023 Sold
Premium
Sold
Nov 22, 2022 In contract -
In contract
Oct 7, 2022 Price Decreased $389,900
↓ $16K (3.9%)
Price Decreased
Sep 10, 2022 Price Decreased $405,900
↓ $16K (3.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,594
  • Building Area: 1,594
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,594
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Garfield City School District
  • Census Tract: 021400

Zoning

  • Zoning: R2

Geography

  • Account Number: 002163
  • District: 21
  • Parcel: 21 00094-0000-00014
  • Block: 94
  • Lot: 14
  • Municipality: GARFIELD CITY
  • Latitude: 40.8742
  • Longitude: -74.0995

    Address

  • Full Address: 102 Malcolm Ave
  • Address - House Number: 102
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Garfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 1218
  • Zip Code: 07026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $577,015

    Appraisal Valuation

  • Standard Deviation: 0.0813
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 379,416
  • High Value: 410,264
  • Low Value: 348,568

    Market Valuation

  • Market Total Value: $185,000
  • Market Land Value: $87,500
  • Market Improvement Value: $97,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,000
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $97,500

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Jan 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7176
  • Previous Sale Recording Date: Apr 25, 2002
  • Previous Sale Contract Date: Mar 28, 2002
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Garfield

Stats & Trends

Median Asking:

$622,450

Sale Price/ft²

$375

Below Asking

0.01%

Average Days on Market

65

Average Home Size

563 ft²

Average Home Age

80.8 years

Currently For Sale

56 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 480 Paterson, East Rutherford, NJ, 07073

$2,650 /mo

  • 2 Beds
  • 2 Baths
480 Paterson, East Rutherford, NJ, 07073 Listing by Daniela Ciurciu

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 102 Malcolm Avenue built and last sold?
The property at 102 Malcolm Avenue was built in 1932 and last sold on Nov 28, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 102 Malcolm Avenue is $0.
What are some comparable homes to 102 Malcolm Avenue?
There are currently no comparable homes to 102 Malcolm Avenue.
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