142 - 146 Division 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.
Other
$17,735 Annual Tax
MLS/Listing ID 25038667
Flat

Source of Data: NEW JERSEY MLS
TOTAL MONTHLY COST
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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 Douglas Elliman of NJ 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. Last date updated: 11/03/2025.
Source: New Jersey Multiple Listing Service, Inc.
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