50 Jewell St, Garfield, NJ 07026

This income-producing mixed-use property located at 50 Jewell Street in Garfield, NJ 07026 presents a versatile investment opportunity. The property includes a street-level commercial storefront equipped with a private restroom, offering potential for various business ventures. Above the commercial space, there are two distinct residential units, each designed to provide comfortable living quarters. Additionally, a finished attic space offers further flexibility, suitable for additional living area, storage, or other functional uses.

The residential units within the property feature hardwood flooring throughout, contributing to a classic aesthetic. Bright living areas are designed to maximize natural light, creating welcoming environments. The kitchens are functional, and the bathrooms have been updated, enhancing the appeal and usability of the residential spaces. This combination of commercial and residential components provides a diversified income stream.

Currently, the residential units are occupied by tenants on a month-to-month lease agreement, generating a consistent rental income of $3,200 per month. This arrangement offers immediate cash flow for a new owner. The property also benefits from a private driveway, providing convenient off-street parking for residents and/or customers, a valuable amenity in the area.

Constructed in 1922, this building has a total area of 2,094 square feet and is zoned B-1, indicating its suitability for commercial and mixed-use purposes. The property's strong street presence and adaptable layout make it an attractive prospect for investors seeking to expand their portfolio, owner-occupants looking to establish a business while generating rental income, or business operators desiring a property with built-in residential revenue potential. The possibilities for this flexible property are numerous.