2 Morrell Place, Garfield, NJ 07026 - Photo 1

1/1

$805,000

Sold
Closed
Apartment

1/1

Property Description

This versatile property offers exceptional potential for both income and growth. Featuring a multi-family home with two residential units plus a commercial retail space currently occupied by a well-established restaurant/catering business. This property delivers built-in cash flow from day one. Additional highlights include an attached one-car garage, a corner lot measuring 50x100 and a location that is close to schools, shopping, public transportation 'â‚¬" helping ensure strong tenant demand. Whether you'â‚¬™re looking to expand your investment portfolio or secure a property with multiple income streams, this opportunity offers the potential to increase returns through rental adjustments or future improvements. Don'â‚¬™t miss this chance to own a property that blends residential comfort with commercial visibility in a high-demand area.

Full Property Details

Full Property Details for 2 Morrell Pl

General

Sold For: $805,000
Taxes: $14,049
Status: Closed
Type: Apartment
Source: NJMLS
MLS ID: 25029061
Added to Site: 155 day(s) ago

Location

Area: Garfield
County: BERGEN

Structural Information

Architectural Style: Res/Com Mixed
Description/Design: Rtl/Apt
Roof: Flat, Peaked
Year Built: 1950s

Financial Considerations

Tax Amount: $14,049
Owner Pays: Snow, Taxes, Water

Listed and Sold by Serhant New Jersey LLC (201) 522-7641, Michael Todaro (201) 522-7641

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Listing agent

— 2 Morrell Pl —

Michael Todaro

Serhant New Jersey LLC

201-522-7641

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Schools

Schools serving 2 Morrell Pl

School District:Garfield City School District

Name	Grades	Distance
Garfield High School 500 Palisade Avenue, Garfield, NJ 07026	9-12	0.8 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 2 Morrell Pl

Date

Details

Price

Change

Source

12/29/2025

Sold

$805,000

-5.29%

MLS

9/14/2025

Price Reduced

$850,000

-4.49%

MLS

8/14/2025

Listed

$890,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2 Morrell Place, Garfield, NJ 07026 (MLS# 25029061) is a Apartment property that was sold at $805,000 on December 29, 2025. Want to learn more about 2 Morrell Place? Do you have questions about finding other Apartment real estate for sale in Garfield? You can browse all Garfield real estate or contact a Coldwell Banker agent to request more information.

2 Morrell Pl Garfield, NJ 07026