Commercial space For Sale in Palisades Park, NJ

MLS# : 1922517

Street : 115-123 Broad Avenue
Price : $6,100,000
Town : Palisades Park, NJ 07650
Annual Taxes : $25,430


Use : Retail
Type : Strip Mall
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Heat/Cool : Central Air, Electric, Gas
Waterfront : None


Located at the corner of Broad Ave and W Harwood presents a unique opportunity to acquire a 100% occupied retail strip in the heart of the town of Palisades Park. This property has been meticulously maintained by several long term tenants. The tenants are separately metered for their own utility use. Each tenant presents upside in annual increases ranging from 3% to 5%.


This listing is a courtesy of RE/MAX Property Center


office: 201-760-1100
725 River Road, Suite 215
Edgewater, NJ 07020
201-760-1100 (office)
201-760-1102 (fax)

Contact Info


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski

About Palisades Park, NJ

Population:  19,622
Total Housing Units:  7,362
Single Family Homes:  3,547
General Tax Rate (2018):  1.979%
Effective Tax Rate (2018):  1.581%
Compare To Other Towns

Palisades Park Market Indicators

Average Price* (12mo): $522,049
Homes Sold* (12mo): 15

Palisades Park, NJ
12 Month Moving Average

1 YR 2 YR 3 YR 5 YR 7 YR MAX

Real Estate Taxes

General Tax Rate (2018): 1.979%
Compare To Other Towns
GENRAL TAX RATE - Palisades Park, NJ

Real estate inventory
Palisades Park
Homes : $399,999 - 849,000 11 avail
Condos : $239,000 - 1,149,000 31 avail
Co-ops : -
Twnhs : $488,800 - 1,050,000 29 avail
2-4 Fam : $589,000 - 1,609,000 21 avail
5+ Fam : $9,000,000 - 9,000,000 1 avail
Land : $239,000 - 3,300,000 4 avail
Rentals : $950 - 4,300 65 avail
Mixd Use : $9,000,000 - 9,000,000 1 avail
Com S : -
Com L : -
Biz : $30,000 - 600,000 15 avail

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: 05/24/2019 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2019 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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