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2 Morrell Pl Garfield, NJ $ 850,000
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$ 850,000 Get more info
2 Morrell Pl
$ 850,000
Back to search
Share Save

2 Morrell Pl

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 with 4 half baths. This building was built in 1950 on a lot size of 0.11.

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.

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Commercial Pending

Price

$ 850,000

Half Bath

4

Property Type

Commercial

Taxes

$ 14,048

Style

MixedUse

Lot Size

0.11

Year Built

1950

Town/City

Garfield

County/Region

Bergen

MLS | Web ID

3981449
Features
General
Sewer Public Sewer
Construction Brick/Block See Remarks
Heating 3 Units Baseboard - Hotwater Forced Hot Air See Remarks
Cooling 1 Unit See Remarks
Utilities Gas-Natural
Possession 0-30
Roof Composition Shingle
Zoning commercial
Garage Spaces 2
Year Built 1950
Tenant Pays Electric Gas Heat Hot Water
Township Garfield City
Property Type Mixed Use See Remarks MixedUse
Tax Year 2024
Ownership Fee Simple
Location Corner Freestanding Residential Area
County Bergen
Status Under Contract
Directions Corner of Morrell and Frederick Midland or Harrison to Frederick
Number Of Units Total 3
Tax Annual Amount 14048
Drive See Remarks
Leasable Area 0
Standard Status Under Contract
Tax Assessed Value 421000
Town # 1121
Tax Lot 21
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Interior
Basement Partial Unfinished
Flooring Laminate Tile Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 4
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum SeeRem Vinyl
Building Area Total 4500
Lot Dimensions 5000 SF
Lot Size Acres 0.11
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* Excluded Features
List By
MICHAEL N TODARO

Listing Agent

Serhant New Jersey Llc

Broker

Affordability Calculator

$6,474
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,303
Monthly Property Taxes
$1,171
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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/8/2025$850,000 -4.49% Price Down
8/15/2025$890,000 Listed Price

Map

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2 Morrell Pl, Garfield, NJ, 07026 is a Commercial Property for sale at $850,000 with a lot size of 0.11. 2 Morrell Pl was built in 1950. The property's zip code is 07026 which is in Garfield, NJ

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