Property 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.
Overview
Property Type
Commercial
Location
2 Morrell Pl, Garfield City, NJ 07026
Zoning
commercial
MLS ID
3981449
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Flooring
Laminate, Tile, Wood
Exterior
Stories
2
Garage Spaces
2.0
Water Source
Public
Utilites
Natural Gas Available
Roof
Composition
Lot Features
Level, Corner Lot
Heat Type
Baseboard, Forced Air, Natural Gas
Sewer
Public Sewer
Details
Total Area
4,500 Sq.Ft.
Financial
Price
$850,000
Real Estate Tax
$14,048/yr
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