Business For Sale in Tenafly, NJ
MLS# : 25017150
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to a well-established home grown brand and beloved local restaurant. This thriving business is an ideal opportunity for those looking to step into a turnkey operation with a loyal customer base in a prime location or introduce their own brand of culinary creativity. It’s situated in the heart of Tenafly strip mall anchored by Stop & Shop with ample parking spaces. Restaurant specializes in fresh, fast, and delicious Korean Fried chicken bowls, Kimbap, and Rice Corn Dogs to Mochi Donuts, Croffles and Shaved Milk Ice with a unique fusion of flavors and styles. The perfect spot for entrepreneurs looking to capitalize on a popular food trend while enjoying a central location with high foot traffic. Restaurant is equipped with a full commercial grade kitchen and appliances. There are indoor seating tables and a rest room. The sale includes all furniture, fixtures, and equipment. Full financials available upon request to serious buyers.
Amenities
This listing is a courtesy of Kingstone Realty LLC
201-313-1002 office, listing agent Sung Hong
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Tenafly, NJ Real Estate Market
Tenafly shares its borders with other boroughs of Bergen County, such as Cresskill, Alpine, Englewood, Bergenfield and Englewood Cliffs. Since the beginning, Tenafly has remained one of the highest-income communities in Bergen County, due to which you can find many large-sized homes, which are some of the most desirable houses in New Jersey real estate.
During the late 17th century, many Dutch immigrants began to settle in Tenafly. The Dutch influence can be seen in the inspiration behind the borough’s name, taken from the Dutch phrase ‘Tiene Vly’ that means ‘ten swamps.
The overall planning and development in Tenafly are influenced by the hills and valleys around the town. While the eastern part of Tenafly is called ‘East Hill’ and has a higher elevation, the eastern part of the borough has dramatically higher terrains which terminate at the New Jersey Palisades beside the Hudson River.
| Population: | 14,488 |
| Total Housing Units: | 4,980 |
| Single Family Homes: | 4,500 |
| General Tax Rate (2023): | 2.771% |
| Effective Tax Rate (2023): | 2.105% |
| Compare To Other Towns |
Tenafly Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,546,003 |
| Homes Sold* (12mo): | 146 |
SINGLE FAMILY HOME SALES
Tenafly, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.771% |
| Effective Tax Rate (2023): | 2.105% |
Similar Listings in Tenafly
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: 05/30/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2025 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
