Mixed-Use Property with 12-Space
For Sale
Contact for pricing
1 W Columbia Ave, Palisades Park, NJ 07650
Six-unit mixed-use building with three street retail spaces, three apartments, separate utilities, and dedicated 12-space lot.
Property SizeContact for details
Days on Market61
Property Features for 1 W Columbia Ave
General Information
Standard status
Active
Total Parking Spaces
12
Property subtype
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$31,960
Listing Agency:
RE/MAX NOW - Palisades Park
(201) 944-5353
Listed By:
Kay Suh ()
Source:
Ridgevalleyre
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 9 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX NOW - Palisades Park
Investment Insights
Based on property information with market context.
This mixed-use property is configured with six income-producing units: three street-level commercial spaces and three residential apartments. The building has been extensively maintained and recently improved. Each unit is serviced with separate gas and electric meters, which can simplify management and help allocate utilities. A dedicated 12-space private parking lot supports tenant convenience.
The property is positioned on a prominent corner at the intersection of Broad Avenue and the Route 46 access ramp in Palisades Park. Public remarks also note bus service located immediately outside the building, providing convenient commuter access.
For tenants, the layout offers street-level commercial space paired with on-site residential apartments within the same ownership footprint. For buyers and operators, the mix of unit types can support diversified leasing across retail and residential usage, while the separate utility metering and dedicated parking help address day-to-day operational needs for both tenant groups.
The property is positioned on a prominent corner at the intersection of Broad Avenue and the Route 46 access ramp in Palisades Park. Public remarks also note bus service located immediately outside the building, providing convenient commuter access.
For tenants, the layout offers street-level commercial space paired with on-site residential apartments within the same ownership footprint. For buyers and operators, the mix of unit types can support diversified leasing across retail and residential usage, while the separate utility metering and dedicated parking help address day-to-day operational needs for both tenant groups.
Key Highlights
- Six‑unit mixed‑use building: three street‑level commercial spaces and three residential apartments
- Separate gas and electric meters for all units
- Dedicated 12‑space private parking lot for tenants
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
Explore this area
Business Placement
Demographics for 07650, NJ
20,292
Population
7,612
Households
2.7
Avg Household Size
40
Median Age
54%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
16,910
Density / Sq Mi
$101,295
Median Household Income
$50,817
Median Earnings
$1,976
Median Rent
$704,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Six-unit mixed-use building with three street retail spaces, three apartments, separate utilities, and dedicated 12-space lot.
Where is this mixed-use property located?
The property is located at 1 W Columbia Ave Palisades Park, NJ.
What is the asking price?
The asking price for this property is $3,399,000.
What are key features of this property?
This property features: Six‑unit mixed‑use building: three street‑level commercial spaces and three residential apartments; Separate gas and electric meters for all units; Dedicated 12‑space private parking lot for tenants
