142- 146 Division 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 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 a rental income, 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.
142 Division Ave, Garfield City NJ 07026-3604
Property City
Garfield City
Property Price
$925,000
Year Built
1920
Tax Annual Amount
$14336
TaxYear (*text)
2025
Roof (*text)
Flat
Floors No
Carpeting, Tile, Vinyl-Linoleum
Lot Size Area
0.12
MLS Status
Active
MLS #
4012036
Yearly Tax Rate
3.479
Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Central Air, Window A/C(s)
Heating
1 Unit, Baseboard - Hotwater
Lot Size Dimensions
5319 SF
Data import from
GSMLS