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Property profile & analytics
FOR LEASE
Commercial real estate

222 Macarthur Ave Garfield, NJ 07026

0.03 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-1060364
Property summary
AI-generated overview

This exceptional commercial property, located at 222 Macarthur Avenue in Garfield, New Jersey, presents a unique investment opportunity. Priced at $2,800, this property offers significant potential for a variety of commercial uses. While the square footage is not currently specified, the property's location in Garfield provides easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The property sits on a lot with no acreage specified, offering ample space for potential expansion or outdoor activities depending on the intended use. The property type is classified as "Other," indicating its versatility and adaptability to a range of business needs. This presents a blank canvas for entrepreneurs and businesses seeking a flexible and cost-effective space to establish or expand their operations. The absence of specified square footage allows for creative design and layout to perfectly suit the specific requirements of the future tenant. Garfield's vibrant community offers a strong local market, providing a solid foundation for business growth. This property is an ideal choice for businesses seeking a strategic location and a competitive price point in a thriving New Jersey community. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the property's exact dimensions and specifications are available upon request.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.03 ac (1,355 SF)
APN 21 00096-0000-00043- 02
UPID US59-1060364
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
European Living LLC · 3 yrs held
European Living LLC
since 2023
Last sale
$130,000
1 recorded transaction
2023
$130,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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