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Mixed-Use Building in Palisades Park
For Sale
$2,980,000

325 Broad, Palisades Park, NJ 07650

Freestanding building with retail and residential units in prime location.

Property SizeContact for details
Days on Market458

Property Features for 325 Broad

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $21,806
Listing Agency: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-ENGLEWOOD CLIFFS
Listed By: ANNE LEE
Source: Corcoran
Added: Jun 12, 2025 Changed: Mar 16 Last Checked: Aug 25 at 9:09AM

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 PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-ENGLEWOOD CLIFFS

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Current Use

Palisades Park Bakery Bakery

Suggested Use

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

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

1,885
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

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 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.
More about this property
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