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$895,000 Just Listed
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Property Description
Investor?s dream opportunity! This fully rented 4-family property offers immediate cash flow with all units on month-to-month leases, providing maximum flexibility for rent optimization. Each unit features 2 bedrooms and 1 bathroom, with the two upper units offering an additional sitting room. The building is equipped with four separate electric meters, along with a mix of heating systems?two units with forced hot air and two with baseboard heat. While the property requires updating, it presents a strong value-add opportunity to significantly increase long-term returns. Flood insurance is required. A well-underutilized asset with substantial upside potential.
Full Property Details
Full Property Details for 20 Grand St
General
- Price: $895,000
- Taxes: $13,758 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4006046
- Updated: Today (1/20/2026)
- Added to Site: Today
Interior
- Number of Rooms: 12
- Interior Features: Carbon Monoxide Detector, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Color: brick
Location
- County: Bergen
- Driving Directions: River Rd to grand St
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 4+ Units, Baseboard - Hotwater, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 6125 SF
- Driveway/Sidewalk: On-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Expenses: Cold Water, Taxes
- Assessment Amount: $298,900
- Land Assmt: $113,400
- Tax Amount: $13,758
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 53
- Lot Number: 14
Listed by Realty Executives Exceptional
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Price & Sales History for 20 Grand St
Date
Details
Price
Change
Source
1/20/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20 Grand St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,758
7%
$412,300
—
2022
$12,860
3%
$412,300
—
2021
$12,484
7%
$412,300
—
2018
$11,713
2%
$412,300
—
2017
$11,507
3%
$412,300
—
2016
$11,165
3%
$412,300
—
2015
$10,889
-9%
$412,300
—
2019
$11,981
13%
$412,300
—
2014
$10,600
2%
$412,300
—
2013
$10,398
—
$412,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 Grand St
20 Grand St, Garfield, NJ 07026 (MLS# 4006046) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 20 Grand St is currently listed for $895,000 and was received on January 20, 2026. Want to learn more about 20 Grand St? Do you have questions about finding other Multi-Family real estate for sale in Garfield? You can browse all Garfield real estate or contact a Coldwell Banker agent to request more information.

