142 Division Ave Garfield, NJ 07026
Estimated payment $6,353/month
About This Home
142 - 146 Divisions Ave Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators. At the heart of this offering is a profitable completely renovated, turnkey liquor store and bar, complete with a valuable liquor license included in the sale. This established business provides a steady stream of revenue from day one. The property package includes: Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-use, presenting a prime development opportunity. Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage. Residential Unit: A separate-entrance, 3-bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income. Extra Income & Amenities: A detached two-car garage currently provides rental income, and ample off-street parking enhances convenience for both commercial and residential tenants. With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value. Building sq. footage estimated. Inventory to be paid for separate at closing, although can be negotiated with the right offer.
Property Details
Property Type
- Other
Est. Annual Taxes
- $17,735
Home Design
- Flat Roof Shape
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,752 | $412,100 | $126,600 | $285,500 |
| 2024 | $13,521 | $412,100 | $126,600 | $285,500 |
| 2023 | $12,853 | $412,100 | $126,600 | $285,500 |
| 2022 | $12,853 | $412,100 | $126,600 | $285,500 |
| 2021 | $12,478 | $412,100 | $126,600 | $285,500 |
| 2020 | $12,206 | $412,100 | $126,600 | $285,500 |
| 2019 | $11,976 | $412,100 | $126,600 | $285,500 |
| 2018 | $11,708 | $412,100 | $126,600 | $285,500 |
| 2017 | $11,502 | $412,100 | $126,600 | $285,500 |
| 2016 | $11,160 | $412,100 | $126,600 | $285,500 |
| 2015 | $10,884 | $412,100 | $126,600 | $285,500 |
| 2014 | $10,595 | $412,100 | $126,600 | $285,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $925,000 | +29.9% | -- | |
| 11/06/2023 11/06/23 | Sold | $712,000 | -1.8% | -- | View Prior Sale |
| 05/26/2023 05/26/23 | Pending | -- | -- | -- | |
| 10/10/2022 10/10/22 | Price Changed | $725,000 | -3.3% | -- | |
| 06/17/2022 06/17/22 | For Sale | $750,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $325,000 | -- | |
| Deed | $154,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,000 | Commercial | |
| Previous Owner | $124,000 | Commercial |
Source: New Jersey MLS
MLS Number: 25038667
APN: 21-00192-0000-00039
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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