Commercial space For Sale in Palisades Park, NJ
MLS# : 24030656
PROPERTY DETAILS
PROPERTY DESCRIPTION
Commercial Building, Two Story Free Standing, 1st Floor 2,500 sq ft + 2nd Floor 2,500 sq ft. Total 5,000 sq ft. Interior Has Been Completely Renovated, Current Tenant Using as Beauty School Both 1st and 2nd Floors, Previously Two Floors were Separated. Current Tenant will Vacate in few Months, Building will be Delivered Vacant. Building Offers High Potential for Many Different Use. Heavy Traffic for Maximum Exposure and High Density Surrounding Commercial and Residential Area. Developing Area in Palisades Park. Easy Access to NYC and All Major Highways( Rt.46, Rt.80 & Turnpike ). Great Opportunity for Owner-User or Investor Purchaser!
Amenities
This listing is a courtesy of RE/MAX Now
(201) 891-8000 office, listing agent Steve Cho
About Palisades Park, NJ Real Estate Market
The foundation of Palisades Park as a modern borough got laid in 1899 under an act of the New Jersey Legislature. A few portions of Ridgefield Township got included for the formation of Palisades Park, which seeks inspiration from its location, which is at the top of New Jersey Palisades.
As said above, it is densely inhabited by Koreans, which form around 65 per cent of the total population of the borough. The borough is also known as ‘Little Korea’ and ‘Koreatown on the Hudson’ by the American natives. Even the central business district located around Broad Avenue is known as Koreatown due to the rich ethnicity of Koreans in the area. In 2015, a proposal for changing the name of Broad Avenue to ‘Korea Way’ was introduced by the Korean-American Association of Palisades Park to the mayor of the town. The influence of Korean culture is evident in this part of New Jersey real estate too.
| Population: | 19,622 |
| Total Housing Units: | 7,362 |
| Single Family Homes: | 3,547 |
| General Tax Rate (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
| Compare To Other Towns |
Palisades Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $798,811 |
| Homes Sold* (12mo): | 21 |
SINGLE FAMILY HOME SALES
Palisades Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $459,000 - 1,529,007 | 4 avail |
| Condos : | $309,000 - 1,380,000 | 10 avail |
| Co-ops : | - | |
| Twnhs : | $859,000 - 1,349,999 | 8 avail |
| 2-4 Fam : | $749,000 - 1,950,000 | 9 avail |
| 5+ Fam : | - | |
| Land : | $4,000,000 - 4,000,000 | 1 avail |
| Rentals : | $2,000 - 6,500 | 42 avail |
| Mixd Use : | - | |
| Com S : | - | |
| Com L : | - | |
| Biz : | $110,000 - 2,300,000 | 9 avail |
