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50 Jewell St 3 Unit Apartment Building $999,000 ($333,000/Unit) Garfield, NJ 07026
Executive Summary
Income-producing mixed-use property featuring a street-level commercial storefront with private restroom, two residential units, and a finished attic providing additional flexible space. Residential units offer hardwood flooring, bright living areas, functional kitchens, and updated bathrooms. The residential tenants are currently on a month-to-month lease generating $3,200 per month in rental income. Private driveway provides off-street parking. Ideal for investors, owner-occupants, or business operators seeking a flexible property with residential and commercial income potential. Strong street presence and versatile layout create numerous possibilities. Please text or call Shpresa Lita with any questions 201-657-9977
Property Facts
| Price | $999,000 | Building Class | C |
| Price Per Unit | $333,000 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 2,094 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Single-Family Home | ||
| Zoning | B-1 | ||
| Price | $999,000 |
| Price Per Unit | $333,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,094 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Opportunity Zone |
Yes |
| Zoning | B-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-00151-0000-00032 | Improvements Assessment | $84,900 |
| Land Assessment | $150,000 | Total Assessment | $234,900 |
Property Taxes
Parcel Number
21-00151-0000-00032
Land Assessment
$150,000
Improvements Assessment
$84,900
Total Assessment
$234,900
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