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    545 Mola Blvd Elmwood Park, NJ 07407

    Picture of Mixed-use properties at Mola Blvd 545, Elmwood Park, NJ
    For Sale
    $1,600,000

    Commercial - Elmwood Park Boro, NJ

    Lot size:
    0.28 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 545 Mola Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use
    Rooms
    Basement
    Parking
    6
    Parking features
    Driveway, Parking Lot
    Basement Y/N
    1
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Concrete, Laminate, Tile
    Building materials
    Brick, Concrete
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Aldo's Realty (201) 796-9300 [email protected]

    Listing agent BARBARA PALKO (201) 796-9300

    Listing date Nov 15, 2025

    MLS# 3975587 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property Near Major Highways

    This mixed-use property is centrally located between Route 80, Route 46, Route 4, and the Garden State Parkway. The ground floor commercial unit has been rented since 2001 for $6,250 per month and is currently operating as a liquor store and deli with lottery services. The second floor features a 3-bedroom, 2-bath apartment that could be used by the owner or rented for $2,800 per month. The apartment includes laundry, a living room, a dining room, and an eat-in kitchen. Kitchen and baths in the apartment have been updated with new appliances. The property includes 11 parking spaces for the commercial unit and up to 6 parking spaces for the rental apartment. Utilities are separate, with one water bill split between the two units. The commercial unit has central air, while the second floor apartment has window units. The driveway for the commercial unit was redone in 2020, and the rental apartment driveway and retaining wall were redone in 2024. Electrical panels were updated in 2022. The property's building insurance is $6,600 per year. The lot size is 0.28 acres.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Elmwood Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.115280150581
    Latitude
    40.899114850681

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial unit and residential apartment.
    Where is this mixed-use property located?
    The property is located at 545 Mola Blvd Elmwood Park, NJ.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - High-income producing commercial unit currently rented at $6,250/month since 2001.; - Excellent location with convenient access to major routes.; - Additional rental income potential from a 3-bedroom, 2-bath apartment, estimated at $2800/month.
    (201) 796-9300
    Request Owner's contact information
    545 Mola Blvd Elmwood Park, NJ 07407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    545 Mola Blvd Elmwood Park, NJ 07407
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