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142 Division Ave #1, Garfield, NJ, 07026

--beds
2baths
2,826sqft
$925,000
$327price/sqft
$6,708/moest. monthly cost
$268,320/yrincome needed

About This Home

142- 146 Division Ave Discover an exceptional investment opportunity at 142 Division Ave, Garfield. This mixed-use property package offers immediate income and significant growth potential, making it ideal for savvy investors, developers, or owner-operators. At the heart of this offering is a profitable stream of revenue from day one. The property package includes: Two Separate Lots: The main building and an adjacent vacant lot zoned for multi-use, presenting a prime development opportunity. Commercial Space: A profitable liquor store/bar with a utility room, bathroom, den, and a full basement for ample storage. Residential Unit: A separate-entrance, 3 bedroom apartment on the second floor featuring an eat-in kitchen, full bath, and living/dining area, generating additional rental income. Extra income & amenities: A detached two-car garage currently provides a rental income, ample off-street parking enhances convenience for both commercial and residential tenants. With multiple income streams and tremendous potential for expansion or development, this property is a rare find. Capitalize on the existing business and unlock future value. Building sq. footage estimated. Inventory to be paid for separate at closing, although can be negotiated with the right offer.

Getting Around

78
WalkingVery Walkable
32
TransitSome Transit
51
BikeBikeable

Schools

6/10
4/10
Garfield Middle SchoolGrades 6-80.1 mi
3/10
Garfield High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1920

Materials

  • Roof: Flat
  • Construction materials: Brick/Block,Wood,Vinyl Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 2

Features

  • Door features: Max Door Height: 0
  • Flooring: Carpet,Tile,Vinyl-Linoleum

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,826
  • Total interior livable area: 2,826 sqft

Property

Details

  • Parcel number: 1121001920000000390000
  • Attached to another structure: Yes
  • Zoning description: R2
  • Other equipment: Appliances,Refrigeration Unit

Features

  • Stories: 2

Lot

  • Lot size: 5,227 sqft
  • Features: Residential Area
  • Lot size dimensions: 5319 SF

Parking

  • Parking features: Parking Lot-Exclusive

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,677$56,124
Home Insurance *$264$3,168
Property Taxes $1,456$17,472
Electricity $311$3,738
Total$6,708$80,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$229,988/yr
40% on housing$201,240/yr
45% on housing$178,880/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 07026$367
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07026$417
Bergen County$452

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-02Listed for sale$925,000
2026-03-02Listing removed$925,000
2025-10-29Listed for sale$925,000

For Sale by Agent

AgentJoseph Siano
BrokerageJk Realty

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