2 Morrell Place Garfield, NJ $ 850,000
2 Morrell Place
$ 850,000
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2 Morrell Place

Garfield, NJ, 07026
$ 850,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,303

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Commercial Property for sale in Garfield, NJ

for $850,000.

This versatile property offers exceptional potential for both income and growth. Featuring a multi-family home with two residential units plus a commercial 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, public transportation — helping ensure strong tenant demand. Whether you’re looking to expand your investment portfolio or secure a property with multiple income streams, this opportunity offers the potential to increase returns through rental adjustments or future improvements. Don’t miss this chance to own a property that blends residential comfort with commercial visibility in a high-demand area.

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Commercial Pending

Price

$ 850,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Garfield

County/Region

Bergen

MLS | Web ID

25029061

Features
General
Roof Flat Peaked
Rooms None
County BERGEN
Property Type 5+ Mixed Use
HOA N
Status Under Contract - Under Contract
City Garfield
Taxes 14049
Year Built Details 1950's Build Prior to 1978
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Pending
Property Sub Type Additional Rtl/Apt
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$5,303
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,303
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2025$850,000 -4.49% Price Down
8/14/2025$890,000 Listed Price

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2 Morrell Place, Garfield, NJ, 07026 is a Commercial Property for sale at $850,000. The property's zip code is 07026 which is in Garfield, NJ