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Renovated Triplex with Multi-Level Unit
For Sale
$939,000

148 Palisade Ave, Garfield, NJ 07026

MULTI_FAMILY - Garfield City, NJ

Lot Size0.07 Acres
Days on Market18

Property Features for 148 Palisade Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 6, Bedroom 11, Bedroom 10, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 9, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 7, Bedroom 2
Directions Monroe St to Palisade Ave
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10753

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1910
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS MID-TOWN DIRECT · Keller Williams Realty
Listed By: TOVIA LICHTMAN · License #306876
Added: Jul 15 Changed: Aug 1 Last Checked: Aug 1 at 12:06PM
MLS# 4040978

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

148 Palisade Ave is a renovated triplex (3-family home) with expanded layouts and modern updates. The first and second units each offer three bedrooms, one full bathroom, bright living areas, and functional eat-in kitchens. The third unit is a two-level configuration with five bedrooms, one full bathroom, and one half bathroom, creating an owner's-style layout with additional space.

Across the property there are eleven bedrooms, three full bathrooms, and one half bathroom. The home is equipped with forced air heating and central air conditioning, with public water and public sewer serving the property. The roof is a shingle roof.

Originally built in 1910, the property sits on a 0.07-acre lot and is described as move-in ready, offering a flexible setup for investors or owner-occupants.

Key Highlights

  • Renovated 3‑family triplex with first and second units: three bedrooms, one full bath each
  • Third unit spans two levels with five bedrooms plus one full bath and one half bath
  • Total layout: eleven bedrooms, three full bathrooms, and one half bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Tattoo & Piercing Shop Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,747
Businesses Nearby

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated 3-family triplex with central air, forced-air heat, and public water and sewer services.
Where is this triplex located?
The property is located at 148 Palisade Ave Garfield, NJ.
What is the asking price?
The asking price for this property is $939,000.
What are key features of this property?
This property features: Renovated 3‑family triplex with first and second units: three bedrooms, one full bath each; Third unit spans two levels with five bedrooms plus one full bath and one half bath; Total layout: eleven bedrooms, three full bathrooms, and one half bathroom
More about this property
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