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$2,850,888
106 Somerset Street, Garfield, NJ, 07026
MLS# 26033028
0.202 acres (8,796 sqft)
Lot Size
Commercial — Retail
Property Type
Description
Investment Opportunity - Triangle Flex Building Next to Passaic Street Station This one doesn't come around often. A true one of a kind, triangle shaped commercial building sitting directly next to the Passaic Street Train Station in Garfield, roughly 17,000 SF of flex space. Location does a lot of the heavy lifting here. Transit at your doorstep, highway access close by, and a corridor that's actively developing around it. The building itself is flexible by design. Industrial, storage, logistics, office, retail, creative space. It can flex to whatever the market demands next. That's exactly what makes it a value-add play. Lease it up as is, reposition it, or reimagine it entirely. This is a landlord's or investor's opportunity to buy something irreplaceable and shape what it becomes. Locations like this don't get built again. Bring your vision.
Tax & Financial Information
| Annual Property Taxes | $36,707 (NJ Public Records) |
| Tax Assessment | $1,100,000 |
| Land Assessment | $263,900 |
| Original List Price | $2,500,888 |
| Listed | September 1, 2026 |
Listing Information
Listing Office: Prominent Properties Sotheby's International Realty-Tenafly — 201-568-5668
Listing Agent: Christian Di Stasio — (646) 280-7136 — cd@christiandistasio.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 9/30/2026.
Total Monthly Cost
$21,416/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $570,178 | Loan: $2,280,710
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Garfield
Bergen County Line
Garfield Station
~0.3 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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