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$925,000
Est. payment /mo
2,826 SqFt
New
142-146 Division Ave Garfield City, NJ 07026
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $327
MLS Listing ID 3995238
Year Built 1920
Annual Tax Amount $17,735
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Mixed Use
Property Description
142 - 146 Divisions Ave Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators. At the heart of this offering is a profitable completely renovated, turnkey liquor store and bar, complete with a valuable liquor license included in the sale. This established business provides a steady stream of revenue from day one. The property package includes: Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-use, presenting a prime development opportunity. Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage. Residential Unit: A separate-entrance, 3-bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income. Extra Income & Amenities: A detached two-car garage currently provides rental income, and ample off-street parking enhances convenience for both commercial and residential tenants. With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value.Building sq. footage estimated. Inventory to be paid for separate at closing, although can be negotiated with the right offer.
Location
State NJ
County Bergen
Zoning R2
Rooms
Basement Bilco-Style Door, Unfinished
Interior
Heating Gas-Natural
Cooling Central Air, Window A/C(s)
Flooring Carpeting, Tile, Vinyl-Linoleum
Equipment Appliances, Exhaust System, Fixtures, Kitchen Area, Refrigeration Unit, Sign - Building, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple

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Listed by JK REALTY
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