323 Semel Ave, Garfield, NJ 07026-2125
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 323 Semel Ave
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Property type
- Commercial real estate
- APN
- 21 00170- 02-00021
- APU
- 21001700200021
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 5, 2023 | $539,900 | Tabakera LLC | Jose Caneja | Deed | $550k · Hanover Community Bank |
| Oct 26, 2006 | $200,000 | Jose Caneja | Periera,aurello | Grant Deed | — |
Description
This exceptional mixed-use property in Garfield, NJ, presents a unique investment opportunity. The building, totaling 2,400 square feet on a 0.11-acre lot, has recently undergone a complete renovation. The ground floor currently operates as a thriving sports bar, featuring ample indoor and outdoor seating areas, ideal for continued operation or conversion to another commercial use. Its prime location in the heart of Garfield ensures high visibility and convenient access to major transportation arteries, including Routes 21 and 46, maximizing its potential for attracting customers and tenants. Upstairs, a spacious and well-maintained 3-bedroom, 1.5-bathroom residential apartment offers comfortable living. This upper-level unit features hardwood floors throughout, a sizable living room, a separate dining area, and a convenient eat-in kitchen. Currently occupied by a month-to-month tenant, this provides flexibility for future occupancy arrangements. The property's blend of commercial and residential spaces creates a strong income stream and significant potential for future growth. The asking price of $850,000 reflects the property's excellent condition, prime location, and diverse income potential. This is a rare opportunity to acquire a turn-key mixed-use property in a thriving New Jersey community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $580,000
- ML approach
- $565,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Garfield
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.1072
- Latitude
- 40.8871
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
