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Mixed-Use Property with Renovated Apartment
For Sale
$850,000

323 Semel Avenue, Garfield, NJ 07026

Two-level layout pairs a commercial bar configuration with renovated residential space above.

Property SizeContact for details
Days on Market9

Property Features for 323 Semel Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 1
Listing Agency: New Jersey Homes & Estates
Listed By: Ilia Veskov
Source: Tarvinrealtors
Added: Sep 4 Changed: Sep 11 Last Checked: Sep 11 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Jersey Homes & Estates

Investment Insights

Based on property information with market context.

Located at 323 Semel Avenue in Garfield, this mixed-use property combines a commercial component with an upstairs residence. The first floor is configured for bar use, while the second floor contains a renovated apartment with three bedrooms and one full bathroom.

The property was built in 1900 and offers distinct commercial and residential areas within the same building. A liquor license is available through a separate purchase from the real estate, allowing the property and license to be considered independently.

Key Highlights

  • First‑floor space configured for bar use
  • Renovated second‑floor apartment
  • 3‑bedroom residential layout

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Travel Agency Nursing Home Florist

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
QuikStop Shops & Services
4,917 visits/mo 0.4 miles
BP Shops & Services
2,008 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level layout pairs a commercial bar configuration with renovated residential space above.
Where is this mixed-use property located?
The property is located at 323 Semel Avenue Garfield, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: First‑floor space configured for bar use; Renovated second‑floor apartment; 3‑bedroom residential layout
More about this property
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