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    325 Broad Ave Palisades Park, NJ 07650

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    For Sale
    $2,980,000

    Freestanding building with retail and residential units in prime location.

    Property Features for 325 Broad Ave

    General Information

    Standard status
    Active

    Source: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-ENGLEWOOD CLIFFS Agent ANNE LEE

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

    Overview

    Mixed-Use Building in Palisades Park

    This updated, freestanding mixed-use building is located in a prominent position on the main street of Palisades Park, benefiting from high foot traffic and exposure. The property features a street-level unit currently occupied by a popular and established bakery/cafe, presenting a business opportunity in a vibrant neighborhood. The second floor includes three well-maintained residential apartments, offering additional income potential. The property's blend of retail and residential use makes it suitable for investors or owner-operators seeking a high-visibility asset in a sought-after area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palisades Park Bakery Bakery

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Palisades Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9972379
    Latitude
    40.8491742

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    FAQs

    What type of property is this?
    Mixed-use property - Freestanding building with retail and residential units in prime location.
    Where is this mixed-use property located?
    The property is located at 325 Broad Ave Palisades Park, NJ.
    What is the asking price?
    The asking price for this property is $2,980,000.
    What are key features of this property?
    This property features: - Premier location on Palisades Park's main street with high foot traffic and exposure.; - Established bakery/cafe on the street level provides immediate income.; - Three well-maintained residential apartments on the second floor offer additional income.
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    325 Broad Ave 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
    325 Broad Ave Palisades Park, NJ 07650
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