I've done a couple of these Marantz decks. Both needed belts, heads cleaned and Deoxit of the controls. I also demagnetized the heads. With those treatments, they played really well. If it's like the 5020 and 5220, there is an internal switch that connects/disconnects the electronics from the transport mechanism to keep unwanted pops and clicks from coming through when changing mode. This switch was the one that really cleared up the noise when cleaned, and it's not visible from the outside. It's a long, linear switch at the edge of the circuit board that is activated by a lever coming from the transport controls.
Steve