Properties

Description

This versatile property offers exceptional potential for both income and growth. Featuring a multi-family home with two residential units plus acommercial retail space currently occupied by a well-established restaurant/catering business. This property delivers built-in cash flow from day one.Additional highlights include an attached one-car garage, a corner lot measuring 50x100 and a location that is close to schools, shopping, publictransportation helping ensure strong tenant demand. Whether you're looking to expand your investment portfolio or secure a property with multipleincome streams, this opportunity offers the potential to increase returns through rental adjustments or future improvements. Don't miss this chance toown a property that blends residential comfort with commercial visibility in a high-demand area.

Features

  • Heating System : Baseboard - Hotwater, Forced Hot Air, See Remarks, 3 Units
  • Cooling System : See Remarks, 1 Unit
  • Basement : Partial, Unfinished
  • Roof Deck : Composition Shingle
  • Furnished : Tile, Wood, Laminate
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 421000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: SERHANT NEW JERSEY LLC
  • Office MLS ID: 6081
  • Agent ID: 248521
  • Tax: 14048
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: commercial

Commercial For Sale

For Sale
$850,000

2 Morrell Pl, Garfield City, *

  • SQFT 5,000 Acre
  • Built Year 1950

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5378709
  • Price: $850,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1950
  • Year Built Description: Approximate
  • Lot Area: 5,000 Acre
  • Status: Active
  • Days On Market: 33

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Bergen
  • City Garfield City
  • Zipcode *
  • Street: Morrell Pl
  • Street Number: 2
  • Street Direction: Corner of Morrell and Frederick , Midland or Harri
  • Floor Number: 0
  • Longitude: W75° 53' 51.5''
  • Latitude: N40° 52' 30''
  • Internet Display Address: Yes
Property