2 Morrell Pl new

Garfield City,NJ 07026

$ 890000

- Bed

- Bath

0 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3981449

Year Built 1950

Annual Tax Amount $14,048

Tax Year 2024

Lot Size 4,791 Sqft

Property Sub-Type Mixed Use

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.

Location

State NJ

County Bergen

Zoning commercial

Rooms

Basement Partial, Unfinished

Interior

Heating Gas-Natural

Cooling 1 Unit, See Remarks

Flooring Laminate, Tile, Wood

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum,SeeRem,Vinyl

Utilities Available Gas-Natural

Roof Type Composition Shingle

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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