Commercial space For Sale in Garfield, NJ
 

MLS# : 1942560

Street : 126 Ray Street
Price : $1,299,888
Town : Garfield, NJ 07026
Annual Taxes : $24,183

PROPERTY DETAILS

Use : Retail
Type : Free Standing
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Heat/Cool : Gas, Hot Air, Multi-Zone
Waterfront : None

PROPERTY DESCRIPTION

Amazing mixed used property with endless potentials for developer/investor or new owner to run a profitable business. Package includes brick building w/2 rental each 2 bedrooms apartments. Building is in excellent condition offering lots of improvements made since 2016.Commercial property includes profitable bar/liquor w/38 occupancy. Restaurant w/professional stainless steel kitchen,banquet catering hall w/160+capacity w/separate entrance and bar. Over sized basement w/laundry area, additional baths, storage area and amazing expansion potential. In addition,property #124 lot 50x100 (zoned for multi family)used as parking lot 20 cars part of rental income.Plenty of on street parking.

Amenities

This listing is a courtesy of Better Homes and Gardens Real Estate Rand Realty, Wyckoff

MADISON ADAMSTM

office: 201-760-1100
725 River Road, Suite 215
Edgewater, NJ 07020
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Garfield, NJ

Population:  30,487
Total Housing Units:  11,877
Single Family Homes:  5,468
General Tax Rate (2018):  2.841%
Effective Tax Rate (2018):  2.496%
Compare To Other Towns

Garfield Market Indicators

PRICE INDEX

Average Price* (12mo):  $297,779
Homes Sold* (12mo):  59
PRICE INDEX
SINGLE FAMILY HOME SALES

Garfield, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2018):  2.841%
Effective Tax Rate (2018):  2.496%
GENRAL TAX RATE - Garfield, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 10/15/2019 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2019 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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