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Renovated Retail Suite with Basement
For Lease
$4,300/Mo

256 Broad Avenue, Palisades Park, NJ 07650

First-floor retail space with finished lower-level storage, a lavatory, and rear patio access.

Space Size1,580 SF
Days on Market125

Property Features for 256 Broad Avenue

General Information

Standard status Active
Size 1,580 SF
Net Rentable 1,580 SF
Property subtype Retail

Property Condition

Severity Repairs Needed
Evidence Minimal renovations needed

Space & Availability

Available Space 1,580 SF
Contiguous Space 1,580 SF
Floor 1
Space Use Retail

Amenities

lavatory
paved patio
Listing Agency: Cosmo Realty, Inc.
Listed By: Hannah McLaughlin
Source: Serhant
Added: May 21 Changed: Sep 20 Last Checked: Sep 21 at 6:51AM

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.

Investment Insights

Based on property information with market context.

This renovated retail suite combines approximately 860 SF on the first floor with a 720 SF finished basement. The lower level includes a lavatory, while rear access opens to a paved patio. The layout provides a dedicated storefront area with additional finished space for storage or business operations.

The property is located at 256 Broad Avenue in Palisades Park, within a block of public parking, PNC Bank, Gong Cha, and Palisades Park Borough Hall.

Key Highlights

  • Approximately 860 SF renovated first‑floor retail suite
  • 720 SF finished basement included
  • Basement includes a lavatory

Property Analytics

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Current Use

Pilgrim Mission Center Charitable Organization Neighbor Plus Foundation Charitable Organization Pilgrim House Charitable Organization Gong Cha Cafe & Coffee Shop Alexandra's Boutique Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center Nursing Home Parking Lot & Garage Carpet & Flooring 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.

Lease Details

NNN (Triple Net)
Lease Type
$4.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,864
Businesses Nearby
90k
Monthly Visits Nearby

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor retail space with finished lower-level storage, a lavatory, and rear patio access.
Where is this retail space located?
The property is located at 256 Broad Avenue Palisades Park, NJ.
What is the lease rate?
The lease rate is $4,300/Mo.
What are key features of this property?
This property features: Approximately 860 SF renovated first‑floor retail suite; 720 SF finished basement included; Basement includes a lavatory
More about this property
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