Palisades Park Commercial
For Sale
$3,000,000
256 Broad, Palisades Park, NJ 07650
Two-story commercial building in central business district, 100% occupied.
Property SizeContact for details
Days on Market532
Property Features for 256 Broad
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$30,439
Listing Agency:
COSMO REALTY, INC.
Listed By:
HANNAH MCLAUGHLIN
Source:
Corcoran
Added: May 14, 2025
Changed: Mar 16
Last Checked: Oct 26 at 4:03PM
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 COSMO REALTY, INC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the central business district of Palisades Park, this two-story commercial building features three units. There are two street-level retail units and one large office unit on the second floor. The property benefits from heavy traffic and exposure, making it a potentially attractive investment. The building is currently 100% occupied, with potential for buyer occupancy. Parking is available via street parking, with a public parking lot located less than a block away.
Key Highlights
- Prime location in Palisades Park central business district with heavy traffic and exposure.
- Three units: two street‑level retail units and one large office unit.
- Currently 100% occupied, providing immediate income.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,864
Businesses Nearby
90k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Shops & Services 37%
Dining 4%
Hotels & Casinos 3%
ShopRite
Groceries
48,196 visits/mo
0.4 miles
Sunoco
Shops & Services
12,225 visits/mo
0.4 miles
Exxon
Shops & Services
7,945 visits/mo
0.2 miles
Sunoco
Shops & Services
6,751 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,662 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Investment property - Two-story commercial building in central business district, 100% occupied.
Where is this investment property located?
The property is located at 256 Broad Palisades Park, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime location in Palisades Park central business district with heavy traffic and exposure.; Three units: two street‑level retail units and one large office unit.; Currently 100% occupied, providing immediate income.
