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$925,000
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Property Description
142 - 146 Divisions 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 completely renovated, turnkey liquor store and bar, complete with a valuable liquor license included in the sale. This established business provides a steady 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 rental income, and 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.
Full Property Details
Full Property Details for 142-146 Division Ave
General
- Price: $925,000
- Taxes: $17,735 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 3995238
- Updated: 11/5/2025
- Added to Site: 80 day(s) ago
Business
- Includes: Building & Business, Building & Land, Equipment, Operating Licenses
Interior
- Flooring: Carpeting, Tile, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 2
Additional Information
- Equipment: Appliances, Exhaust System, Fixtures, Kitchen Area, Refrigeration Unit, Sign - Building, Smoke Detector
Parking
- Parking: Parking Lot-Exclusive
Location
- County: Bergen
- Driving Directions: River Drive to Division Ave
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window A/C(s)
- Heating Type: 1 Unit, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block, Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Unfinished
- Roof: Flat
- Stories in Building: 2
- Square Feet: 2,826
- Aprox. Leasable: 2,826 Sq. Ft.
- Year Built: 1920
- Remodeled/Updated: 2023
Unit Information
- 1 Bedroom Units: 3
- Units w/Full Bath: 1
Lot Features
- Lot Size (Acres): 0.12
- Lot Size: 5319 SF
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $174
- Assessment Amount: $531,500
- Land Assmt: $246,000
- Tax Amount: $17,735
- Tax Year: 2024
- Pays Utilities: Landlord
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1121-00192-0000-00039-0000-
- Block: 192
- Lot Number: 39
Listed by Jk Realty
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Schools
Schools serving 142-146 Division Ave
School District:Garfield City School District
| Name | Grades | Distance |
|---|---|---|
Garfield High School 500 Palisade Avenue, Garfield, NJ 07026 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 142-146 Division Ave
Date
Details
Price
Change
Source
10/29/2025
Listed
$925,000
54.17%
MLS
11/06/2023
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 142-146 Division Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,984
7%
$119,400
—
2022
$3,724
3%
$119,400
—
2021
$3,615
7%
$119,400
—
2018
$3,392
2%
$119,400
—
2017
$3,332
3%
$119,400
—
2016
$3,233
3%
$119,400
—
2015
$3,153
-9%
$119,400
—
2019
$3,470
15%
$119,400
—
2013
$3,011
—
$119,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 142-146 Division Ave
142-146 Division Ave, Garfield, NJ 07026 (MLS# 3995238) is a Retail property. 142-146 Division Ave is currently listed for $925,000 and was received on October 29, 2025. Want to learn more about 142-146 Division Ave? Do you have questions about finding other Retail real estate for sale in Garfield? You can browse all Garfield real estate or contact a Coldwell Banker agent to request more information.

