$890,000

2 Morrell Place, Garfield, NJ 07026

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 hours ago

Property Description

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.

Listing Status:
Active
Date Added:
August 14, 2025 at 05:00AM
Listing Office:
Serhant New Jersey LLC : 646-480-7665
Listing Agent:
Michael Todaro : (201) 522-7641
MLS ID:
25029061
  • Roofing: FlatPeaked

This listing courtesy of Michael Todaro, Serhant New Jersey LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Christopher Columbus School #8

147 Cedar St, Garfield, NJ, 07026

Grades KG-5

0.44 miles away

G

Garfield Middle School

175 Lanza Ave, Garfield, NJ, 07026

Grades 6-8

1.22 miles away

G

Garfield High School

500 Palisade Ave, Garfield, NJ, 07026

Grades 9-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby