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Property profile & analytics
OFF-MARKET Estimated value $680,000
Commercial real estate

121 Harrison Ave Garfield, NJ 07026-1552

0.06 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US59-2171299
Property summary
AI-generated overview

This exceptional commercial property, located at 121 Harrison Avenue in Garfield, New Jersey, presents a unique investment opportunity. The property is classified as an office space and is offered at an attractive price of $750,000. While the exact square footage is not currently specified, the property's location in Garfield offers significant advantages for businesses seeking a strategic presence in a vibrant and accessible area of New Jersey. The property sits on a lot with zero acres, suggesting a compact and potentially easily managed space. Further details regarding the interior layout, amenities, and potential for expansion or renovation are available upon request. Given the competitive nature of the Garfield commercial real estate market, this property represents a compelling opportunity for investors and businesses alike. Interested parties are encouraged to schedule a viewing to fully assess the potential of this well-positioned office space. The asking price reflects the property's potential and its strategic location within Garfield, making it an attractive proposition for those seeking a foothold in this dynamic market. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 0.06 ac (2,500 SF)
APN 21 00038- 04-00001
UPID US59-2171299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k
Owner & transaction history
121 Garfield Units LLC · 2 yrs held
121 Garfield Units LLC
since 2023
Last sale
$650,000
3 recorded transactions
2023
$650,000
2022
$572,000
2016
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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