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Business For Sale in Englewood Cliffs, NJ
 

Map

MLS# : 24007935

Street : 11 Sylvan Avenue
Price : $720,000
Town : Englewood Cliffs, NJ 07632
General Tax Rate (2023) : 1.140%

PROPERTY DETAILS

Use : Service/Food
Type : Restaurant
Basement : Finished, Full
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Owner Pays : None

PROPERTY DESCRIPTION

Incredible opportunity to operate a well established Korean cuisine restaurant in the heart of Englewood Cliffs. High traffic location provides excellent visibility and unbeatable exposure for brand recognition. The restaurant was newly built and established in 2018, creating a warm and inviting atmosphere for diners. With 20+ parking spaces available, customers can easily park and enjoy the delicious cuisine. The loyal customer base has been built over years of providing exceptional food, service, and ambiance. With its prime location, delicious cuisine, loyal customer base, and popularity for private events, this restaurant represents an incredible opportunity for any buyer looking to acquire a thriving business. Don't miss out on the chance to own this restaurant and take it to the next level. Contact us today to learn more. All equipment included in the sale. Information will be available to qualified buyer. No liquor license.

Amenities

This listing is a courtesy of Prominent Properties Sotheby's International Realty-Edgewater
(201) 840-8898 office, listing agent Doojin Yoon

About Englewood Cliffs, NJ Real Estate Market

Englewood Cliffs is located only minutes from the George Washington Bridge in New York City’s backyard. In recent years there has been a surge of newly built luxurious homes. The town attracts homeowners seeking a close proximity to NYC and a lower property tax basis.

Englewood Cliffs is located near three major airports, JFK, LaGuardia and Newark International with easy access to main highways and river crossings. The town has many outstanding restaurants and fine shops. For cycling enthusiasts there is a long stretch of a bicycle route along the Palisades and for hiking and boating there is no better place than the Palisades Interstate Park.
Population:  5,281
Total Housing Units:  1,924
Single Family Homes:  1,918
General Tax Rate (2023):  1.140%
Effective Tax Rate (2023):  1.012%
Compare To Other Towns

Englewood Cliffs Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,690,375
Homes Sold* (12mo):  49
PRICE INDEX
SINGLE FAMILY HOME SALES

Englewood Cliffs, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.140%
Effective Tax Rate (2023):  1.012%
GENRAL TAX RATE - Englewood Cliffs, NJ



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    MADISON ADAMSTM

    office: 201-760-1100
    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201-760-1100 (office)
    201-760-1102 (fax)

    Contact Info

    FOR APPOINTMENTS CONTACT


    Sales Associate
    610-844-6866 (cell)

    Madisom Adams Sales Associate Maria Cisneros Martinez


    Sales Associate
    201-982-0358 (cell)

    Madisom Adams Sales Associate Yuriy Zatuchny


    Sales Associate
    914-261-6031 (cell)

    Madisom Adams Sales Associate Georgine Addeo


    Real estate inventory
    Englewood Cliffs
    Homes : $1,549,000 - 5,800,000 21 avail
    Condos : -
    Co-ops : -
    Twnhs : -
    2-4 Fam : -
    5+ Fam : -
    Land : -
    Rentals : $5,650 - 9,500 6 avail
    Mixd Use : -
    Com S : -
    Com L : -
    Biz : $720,000 - 720,000 1 avail


    28 SEE ALL

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    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
    NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/21/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


    General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

    Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

    Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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    Madison AdamsTM

    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201 760-1100 (office)
    201 760-1102 (fax)
    office@madisonadams.com