Garfield 99 Garfield, NJ

Execute CA

The Offering

Address

99 Passaic Street
Garfield, NJ 07026

As exclusive agent, Cushman and Wakefield is pleased to offer a 100% fee interest in Garfield 99 for sale.

Completed in 2023, this 86-unit (100% Market Rate) luxury apartment community is perfectly positioned to capture residents seeking the benefit of urban living in a suburban setting. Garfield 99 is located in Garfield, Bergen County, New Jersey in an attractive neighborhood setting along the Passaic River. The community is located minutes from major commuting highways including Route 46, Route 20/21, Interstate 80 and the Garden State Parkway. Additionally, the New Jersey Transit train station is located directly across the street from the Property, allowing residents a quick 35-minute commute into Manhattan.

Garfield 99 consists of one six-story residential building, including two levels of covered parking. The community has 18 studio (21%) and 68 one bedroom (79%) units. The apartments feature high quality finishes including nine foot ceilings, stainless steel appliances, granite counter tops, hardwood floors and individual washer/ dryers.

Located in affluent Bergen County, this offering represents the rare opportunity to acquire a newly constructed asset in a high barriers to entry market, positioning Garfield 99 to continue capitalizing on the area’s continued growth with very limited competitive product. These factors, combined with a 15-Year PILOT, make this an extremely attractive and unique investment opportunity in one of the region’s most coveted submarkets.


Investment Highlights

• IRREPLACEABLE ASSET DEVELOPED BY PREMIER NJ DEVELOPER

• EXTREMELY COMPELLING MARKET FUNDAMENTALS

• PRIME LOCATION FOR COMMUTER ACCESS TO NYC & JOB CENTERS

Location Map

Sales Inquiries

 
NIKO NICOLAOU
Vice Chairman
+ 1 201 426 2227
niko.nicolaou@cushwake.com

RYAN W. DOWD
Managing Director
+ 1 201 508 5278
ryan.dowd@cushwake.com

DAVID OROPEZA
Executive Managing Director
+ 1 201 460 3343
david.oropeza@cushwake.com

DAVID JARVIS
Executive Managing Director
+ 1 201 508 5240
david.m.jarvis@cushwake.com

MICHAEL GUERRA
Senior Financial Analyst
+ 1 201 460 3374
michael.guerra@cushwake.com