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.
Active
$925,000
142 Division Ave #1, Garfield City, NJ 07026
--beds
2baths
2,826sqft
Est.:
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$327/sqft
$-- HOA
What's special
Eat-in kitchenResidential unitAdjacent vacant lot
- 50 days |
- 169 |
- 2 |
Zillow last checked: 18 hours ago
Listing updated: November 05, 2025 at 04:48am
Listed by:
Joseph Siano 973-472-7000,
Jk Realty
Source: GSMLS,MLS#: 3995238
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- 1 Unit, Baseboard - Hotwater, Natural Gas
Cooling
- Central Air, Window Unit(s)
Features
- Flooring: Carpet, Tile, Vinyl-Linoleum
- Doors: Max Door Height: 0
- Basement: Yes,Bilco-Style Door,Unfinished
Interior area
- Total structure area: 2,826
- Total interior livable area: 2,826 sqft
Property
Parking
- Parking features: Parking Lot-Exclusive
Features
- Stories: 2
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 5319 SF
- Features: Residential Area
Details
- Parcel number: 1121001920000000390000
- Zoning description: R2
- Other equipment: Appliances, Refrigeration Unit
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Wood, Vinyl Siding
- Roof: Flat
Condition
- Updated/Remodeled
- Year built: 1920
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Garfield
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $531,500
- Annual tax amount: $17,735
- Date on market: 10/29/2025
- Inclusions: Building & Business, Building & Land, Equipment, Operating Licenses
- Ownership type: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listed for sale | $925,000$327/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,058/mo
Principal & interest
$4431
Property taxes
$1303
Home insurance
$324
Climate risks
Neighborhood: 07026
Nearby schools
GreatSchools rating
- 6/10Washington Irving School No 4Grades: PK-5Distance: 0.1 mi
- 4/10Garfield Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10Garfield High SchoolGrades: 9-12Distance: 0.4 mi
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