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Corner Lot in High-Traffic Area
For Sale
$495,000

165 Palisade Ave, Garfield, NJ 07026

Vacant retail/commercial corner lot with high traffic.

Property Size900 SF
Price / SF$550
Days on Market208

Property Features for 165 Palisade Ave

General Information

Standard status Active
Size 900 SF
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,800
Listing Agency: RE/MAX Fortune Properties
Listed By: Robert Levinthal
Source: Exprealty
Added: Jan 26 Changed: Aug 20 Last Checked: Aug 21 at 11:16AM

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 Fortune Properties

Investment Insights

Based on property information with market context.

This vacant corner lot is zoned for retail and commercial use. The property includes a vacant building of approximately 900 square feet. Situated in a high-traffic area, the lot presents a potential opportunity for development or redevelopment. Owner financing is available.

Key Highlights

  • High Traffic Area ensures great visibility.
  • Owner will finance, making this an accessible investment.
  • Vacant corner lot zoned Retail/Commercial offers endless possibilities.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,051
Businesses Nearby
279k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 60% Shops & Services 22% Dining 18%
Walmart Superstores
168,522 visits/mo 0.5 miles
McDonald's Dining
41,239 visits/mo 0.5 miles
Chase Bank Shops & Services
17,209 visits/mo 0.4 miles
BP Shops & Services
16,961 visits/mo 0.4 miles
QuickChek Shops & Services
14,962 visits/mo 0.4 miles

Demographics for 07026, NJ

32,655
Population
12,234
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
15,550
Density / Sq Mi
$75,701
Median Household Income
$44,462
Median Earnings
$1,612
Median Rent
$454,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant retail/commercial corner lot with high traffic.
Where is this commercial land located?
The property is located at 165 Palisade Ave Garfield, NJ.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High Traffic Area ensures great visibility.; Owner will finance, making this an accessible investment.; Vacant corner lot zoned Retail/Commercial offers endless possibilities.
More about this property
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