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    321 Broad Ave Ridgefield, NJ 07657

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    For Sale
    $590,000

    Well-maintained Korean restaurant in high-traffic shopping center.

    Property Features for 321 Broad Ave

    General Information

    Standard status
    Active

    Source: PREMIER PROPERTIES REALTY LLC Agent SUNG HEE LEE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Korean Restaurant For Sale

    This well-maintained Korean restaurant is located in a high-traffic shopping center. The business is income-producing. Detailed revenue information will be provided to qualified buyers. The seller is willing to provide recipes and some training to the new owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gotham City Diner, Good News Stationery & Deli, LKL Food Corporation, 뉴저지 도시락 집밥 델리버리

    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0093634
    Latitude
    40.8251098

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    FAQs

    What type of property is this?
    Restaurant - Well-maintained Korean restaurant in high-traffic shopping center.
    Where is this restaurant located?
    The property is located at 321 Broad Ave Ridgefield, NJ.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: - High-traffic location in a busy shopping center.; - Proven income-producing business.; - Detailed financial records available for qualified buyers.
    Request Owner's contact information
    321 Broad Ave Ridgefield, NJ 07657
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    Ridgefield, NJ 07657
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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
    321 Broad Ave Ridgefield, NJ 07657
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