Commercial space For Sale in Garfield, NJ
MLS# : 24028892
Street : 79 Belmont Avenue
Price : $1,300,000
Town : Garfield, NJ 07026
Annual Taxes : $16,765
PROPERTY DETAILS
Use : Retail
Type : Free Standing
Utilities : Sep Elec, Sep Heat
Heat/Cool : Gas
Waterfront : None
PROPERTY DESCRIPTION
Two family home plus an additional commercial building on lot. This two-family home was renovated in 2022 and both units have 3 good size bedrooms, eat in kitchen, full bath, central air and laundry. Property has a 1,400 sq ft commercial space free-standing building previously used as a liquor store and now is vacant for any business possibilities. Property has 3 car garage rented for $2,000 a month.. Close to schools, parks, shopping, NJ Transit, and major highways. Can be delivered vacant. Rents are under market value.
Amenities
This listing is a courtesy of United Real Estate
(888) 501-6953 office, listing agent Valbona Seci
About Garfield, NJ Real Estate Market
A small borough situated in Bergen County in New Jersey State, Garfield is a small town spread over 2.19 square miles. Despite its small area, Garfield has a healthy population of around 33,000 people, which indicates how strong the demand for New Jersey real estate exists in this town.
The journey of the formation of Garfield as an independent town began in 1873 when it was known as East Passaic. In 1881, the town was renamed Garfield to pay honour to one of the presidents of the United States of America, James Garfield. When James Garfield died in 1881, a train station in East Passaic got named after him, which eventually became the name of the whole town.
The expansion of Garfield as a city began in 1898 by including portions of the Saddle River Township and Wallington together. The boundaries of the town got defined under an act introduced by New Jersey Legislature. The official naming of the town as Garfield happened in 1917 based on a referendum.
Garfield shares its boundaries with a few other boroughs like Saddle Brook, Elmwood Park and South Hackensack. A few prominent places of interest located in Garfield are Dundee Dam, Plauderville, Dahnert’s Lake County Park and Bogart Heights.
The journey of the formation of Garfield as an independent town began in 1873 when it was known as East Passaic. In 1881, the town was renamed Garfield to pay honour to one of the presidents of the United States of America, James Garfield. When James Garfield died in 1881, a train station in East Passaic got named after him, which eventually became the name of the whole town.
The expansion of Garfield as a city began in 1898 by including portions of the Saddle River Township and Wallington together. The boundaries of the town got defined under an act introduced by New Jersey Legislature. The official naming of the town as Garfield happened in 1917 based on a referendum.
Garfield shares its boundaries with a few other boroughs like Saddle Brook, Elmwood Park and South Hackensack. A few prominent places of interest located in Garfield are Dundee Dam, Plauderville, Dahnert’s Lake County Park and Bogart Heights.
| Population: | 30,487 |
| Total Housing Units: | 11,877 |
| Single Family Homes: | 5,468 |
| General Tax Rate (2023): | 3.281% |
| Effective Tax Rate (2023): | 2.006% |
| Compare To Other Towns |
Garfield Market Indicators
PRICE INDEX
| Average Price* (12mo): | $514,379 |
| Homes Sold* (12mo): | 46 |
PRICE INDEX
SINGLE FAMILY HOME SALES
Garfield, NJ
SINGLE FAMILY HOME SALES
Garfield, NJ
12 Month Moving Average
1 YR
2 YR
3 YR
5 YR
7 YR
MAX
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.281% |
| Effective Tax Rate (2023): | 2.006% |
GENRAL TAX RATE - Garfield, NJ
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MADISON ADAMSTM
office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $400,000 - 1,400,000 | 5 avail |
| Condos : | $399,900 - 399,900 | 1 avail |
| Co-ops : | - | |
| Twnhs : | $449,900 - 699,900 | 3 avail |
| 2-4 Fam : | $699,000 - 1,300,000 | 7 avail |
| 5+ Fam : | $6,500,000 - 6,500,000 | 1 avail |
| Land : | $555,000 - 555,000 | 1 avail |
| Rentals : | $1,485 - 3,500 | 38 avail |
| Mixd Use : | $1,300,000 - 6,500,000 | 2 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $120,000 - 239,900 | 2 avail |
