99 Ctr St Garwood, NJ 07027-1212

This exceptional mixed-use property in Garwood, NJ, presents a compelling investment opportunity. Located at 99 Center Street, this building boasts a prime downtown location at a four-way stop, ensuring high visibility. The property comprises a ground-floor retail/restaurant space and three apartments on the second floor, currently enjoying 100% occupancy with four tenants. The building benefits significantly from its proximity to the Garwood train station (half a block away), enhanced by recent NJ Transit service additions due to nearby development. Across the street sits The Vermella at Garwood, a newly constructed upscale complex featuring approximately 400 apartments and extensive retail space, further bolstering the property's value and potential for future growth. The strong net operating income (NOI) of $107,073 underscores the property's financial stability and attractive return on investment. This is a rare opportunity to acquire a fully leased, high-performing asset in a thriving New Jersey community. The strategic location, coupled with the current high occupancy rate and substantial NOI, makes this a must-see property for discerning investors. Union County location, zip code 07027.