Business For Sale in Garfield, NJ
 

MLS# : 24022445

Street : 2 Cedar Street
Price : $239,900
Town : Garfield, NJ 07026
General Tax Rate (2023) : 3.281%

PROPERTY DETAILS

Use : Service/Food
Type : Other
Basement : None
Utilities : Sep Elec, Sep Gas, Sep Heat
Owner Pays : None

PROPERTY DESCRIPTION

Mediterranean grill type restaurant featuring a full plenary liquor license. Location offers a free standing building with an inviting interior. Full bar with dining and sitting area. Main dining/party room offers plenty of dining space for every day dining and a party room for many occasions. The restaurant's layout allows for various seating arrangements, accommodating both small and large parties. Off street parking for 15-20 cars.

Amenities

This listing is a courtesy of New Jersey Homes & Estates
(973) 340-3300 office, listing agent Zvonko Veskov

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Garfield, NJ Real Estate Market

A small borough situated in Bergen County in New Jersey State, Garfield is a small town spread over 2.19 square miles. Despite its small area, Garfield has a healthy population of around 33,000 people, which indicates how strong the demand for New Jersey real estate exists in this town.

The journey of the formation of Garfield as an independent town began in 1873 when it was known as East Passaic. In 1881, the town was renamed Garfield to pay honour to one of the presidents of the United States of America, James Garfield. When James Garfield died in 1881, a train station in East Passaic got named after him, which eventually became the name of the whole town.

The expansion of Garfield as a city began in 1898 by including portions of the Saddle River Township and Wallington together. The boundaries of the town got defined under an act introduced by New Jersey Legislature. The official naming of the town as Garfield happened in 1917 based on a referendum.
Garfield shares its boundaries with a few other boroughs like Saddle Brook, Elmwood Park and South Hackensack. A few prominent places of interest located in Garfield are Dundee Dam, Plauderville, Dahnert’s Lake County Park and Bogart Heights.
Population:  30,487
Total Housing Units:  11,877
Single Family Homes:  5,468
General Tax Rate (2023):  3.281%
Effective Tax Rate (2023):  2.006%
Compare To Other Towns

Garfield Market Indicators

PRICE INDEX

Average Price* (12mo):  $514,379
Homes Sold* (12mo):  46
PRICE INDEX
SINGLE FAMILY HOME SALES

Garfield, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  3.281%
Effective Tax Rate (2023):  2.006%
GENRAL TAX RATE - Garfield, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/19/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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