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    316 Broad Ave Palisades Park, NJ 07650

    For Sale
    $199,000

    Turnkey business opportunity with stable revenue and growth potential.

    Property Features for 316 Broad Ave

    General Information

    Standard status
    Active

    Source: RE/MAX NOW - PALISADES PARK Agent SIMON S.K. KIM

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

    Overview

    Established Business in Palisades Park

    This is an opportunity to own a well-established business located in the heart of Palisades Park. The turnkey operation offers stable, year-round revenue and a solid customer base. It is suitable for an owner-operator or an investor seeking reliable income and growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    COWAY & KITEM Environmental Health Service Hey Yogurt Palisades ... Dessert Shop 코웨이&키템coway&kitem Environmental Health Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Rodeo Flowers, Palisades Park Florist

    Location Insight

    • Map
    • Local Demand
    City
    Palisades Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9971473
    Latitude
    40.8486616

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    FAQs

    What type of property is this?
    Storefront property - Turnkey business opportunity with stable revenue and growth potential.
    Where is this storefront property located?
    The property is located at 316 Broad Ave Palisades Park, NJ.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Well-established business in the heart of Palisades Park.; - Turnkey operation.; - Stable, year-round revenue.
    (201) 891-8000
    Request Owner's contact information
    316 Broad Ave Palisades Park, NJ 07650
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    Palisades Park, NJ 07650
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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
    316 Broad Ave Palisades Park, NJ 07650
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