Business For Sale in Englewood, NJ
 

MLS# : 26004875

Street : 562 Grand Avenue
Price : $299,000
Town : Englewood, NJ 07631
General Tax Rate (2023) : 2.979%

PROPERTY DETAILS

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

PROPERTY DESCRIPTION

A unique opportunity to own a well-established Korean restaurant in a prime location. The space reflects the seller’s thoughtful design and refined interior touch, creating a warm and inviting atmosphere for guests. The restaurant enjoys steady private reservations and a loyal customer base, built on a strong local reputation and consistent performance. It offers a distinctive Korean dining concept that is not easily replicated and has proven demand in the community. The seller is genuinely motivated to pass the business on to the right owner and is committed to supporting a smooth and responsible transition.

Amenities

This listing is a courtesy of RE/MAX NOW - Norwood
201-351-9000 office, listing agent Sungwook Kim

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


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

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Englewood, NJ Real Estate Market

The city of Englewood is located only ten minutes from New York City. Englewood has an exciting downtown with chic restaurants, shopping boutiques, beauty salons and Bergen Performing Arts Center (PAC). The Bergen PAC features famous singers, plays, and many other events all year round.

This town has easy access to major highways, river crossings, and major airports such as JFK, LaGuardia, and Newark International Airport. For nature enthusiasts, the Flat Rock Brook Nature Center offers beautiful gardens, running and biking trails and picnic areas.
Population:  27,147
Total Housing Units:  10,695
Single Family Homes:  6,657
General Tax Rate (2023):  2.979%
Effective Tax Rate (2023):  2.133%
Compare To Other Towns

Englewood Market Indicators

PRICE INDEX

Average Price* (12mo):  $903,636
Homes Sold* (12mo):  106
PRICE INDEX
SINGLE FAMILY HOME SALES

Englewood, 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):  2.979%
Effective Tax Rate (2023):  2.133%
GENRAL TAX RATE - Englewood, NJ



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: 02/15/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 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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