Commercial space For Lease in Garfield, NJ
MLS# : 26016782
PROPERTY DETAILS
PROPERTY DESCRIPTION
Exceptional, high-visibility commercial investment on River Drive featuring two standalone, well-maintained buildings with long-tenured, qualified tenants and a diverse, service-driven tenant mix. Building One offers approximately 29,000 SF and is occupied by 14 established tenants, including personal care, retail, fitness/sports recreation, and restaurant uses. Notably, the property features an impressive Indoor soccer facility on the third floor and a popular upscale bar/restaurant. The site is supported by approximately 75 parking spaces, providing a rare convenience for a multi-tenant asset of this size. Building Two is fully occupied by a well-known local grocery store, serving as a daily-needs anchor for the surrounding community. The property sits directly across from The Venetian and benefits from strong daily traffic counts along River Drive. Surrounded by national retailers such as The Home Depot, the location offers excellent consumer draw and long-term stability. Immediate access to New Jersey Route 21, New Jersey Route 17, and U.S. Route 46 further enhances regional connectivity. A rare opportunity to acquire a turnkey, income-producing commercial asset in a prime Bergen County corridor with strong in-place cash flow and future upside. Positioned for both immediate income and long-term appreciation, this asset offers investors a compelling blend of location, tenancy, visibility, parking, and durable commercial demand.
Amenities
This listing is a courtesy of Compass New Jersey, LLC-Jersey City
201-627-4947 office, listing agent
About Garfield, NJ Real Estate Market
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 (2025): | 3.479% |
| Effective Tax Rate (2025): | 1.956% |
| Compare To Other Towns |
Garfield Market Indicators
PRICE INDEX
| Average Price* (12mo): | $553,610 |
| Homes Sold* (12mo): | 59 |
SINGLE FAMILY HOME SALES
Garfield, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 3.479% |
| Effective Tax Rate (2025): | 1.956% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
