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Mixed-Use Institutional Property
New
For Sale
$4,500,000

98 Monroe St, Garfield, NJ 07026

A five-parcel site supports worship, childcare, and automotive operations under current use.

Property SizeContact for details
Lot Size1.54 Acres
Days on Market7

Property Features for 98 Monroe St

General Information

Standard status Active
Lot size 1.54 Acres
Property subtype Commercial

Building Details

Tenancy Multi
Listing Agency: The Agency One Rock-Fort Lee
Listed By: Jin Park ()
Source: Fortuneluxuryrealty
Added: Oct 7 Changed: Oct 12 Last Checked: Oct 12 at 7:19PM

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 The Agency One Rock-Fort Lee

Investment Insights

Based on property information with market context.

Five parcels at 98 Monroe St, 82 Monroe St, 71 Commerce St, 63 Commerce St, and 45 Commerce St comprise a 1.54-acre mixed-use property in Garfield. The site has been used for worship, ministry programs, community activities, meetings, and related institutional functions. Current users include a church, Kidz University, and an auto repair and rental car operation.

The contiguous and adjacent parcels create a multi-building institutional and commercial setting. Potential uses identified for the property include religious, nonprofit, community, educational, and childcare or learning operations, subject to applicable zoning and municipal approvals.

Key Highlights

  • 1.54‑acre assemblage of five parcels
  • Addresses include 98 Monroe St, 82 Monroe St, 71 Commerce St, 63 Commerce St, and 45 Commerce St
  • Current users include a church, Kidz University, and an auto repair/rental car operation

Property Analytics

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Current Use

Churches & religious facilities

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Veterinary Clinic Real Estate Agency 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,955
Businesses Nearby
475k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Shops & Services 22% Apparel 21% Dining 21%
Walmart Superstores
168,522 visits/mo 0.3 miles
Burlington Apparel
48,756 visits/mo 0.4 miles
Marshalls Apparel
45,382 visits/mo 0.4 miles
McDonald's Dining
41,239 visits/mo 0.3 miles
Applebee's Dining
37,774 visits/mo 0.3 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 - A five-parcel site supports worship, childcare, and automotive operations under current use.
Where is this mixed-use property located?
The property is located at 98 Monroe St Garfield, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 1.54‑acre assemblage of five parcels; Addresses include 98 Monroe St, 82 Monroe St, 71 Commerce St, 63 Commerce St, and 45 Commerce St; Current users include a church, Kidz University, and an auto repair/rental car operation
More about this property
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