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Free-Standing Renovated Office Building
For Lease
$3,500/Mo

40 Broad #2 FL, Palisades Park, NJ 07650

Renovated free-standing office building with central A/C, updated mechanical systems, and seven dedicated on-site parking spaces.

Space Size4,500 SF
Days on Market9

Property Features for 40 Broad #2 FL

General Information

Standard status Active
Size 4,500 SF
Net Rentable 4,500 SF
Total Parking Spaces 7
Property subtype Commercial

Space & Availability

Available Space 4,500 SF
Contiguous Space 4,500 SF
Condition Turnkey
Available From Immediate

Amenities

Central Air Heating
Gas Heating
Hot Air Heating

Building Details

Year Built 1990
Year Renovated 2018
Stories 3
Building Size 4,500 SF
Listing Agency: RE/MAX FORTUNE PROPERTIES
Listed By: KENNETH KOH
Source: Corcoran
Added: Jul 28 Changed: Jul 31 Last Checked: Aug 5 at 5:12AM

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.

Free-standing office building built in 1990 offering approximately 4,500 sq. ft. of versatile space arranged as 1,500 sq. ft. per floor, with readiness for immediate occupancy. The property underwent a comprehensive top-to-bottom renovation, including updated mechanical systems installed in 2018. Improvements noted include central A/C, heating, electrical, and windows.

On-site parking includes seven dedicated spaces. The building is situated at the intersection of Broad Ave and Rt 46 (Golden Corner) and is located at 40 Broad #2 FL in Palisades Park, NJ 07650.

Key Highlights

  • Approximately 4,500 sq. ft. office space, 1,500 sq. ft. per floor
  • Comprehensive top‑to‑bottom renovation with updated mechanical systems in 2018
  • Central A/C, heating, electrical, and windows updated in 2018

Property Analytics

Current Use

ESL Academy Inc Language School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Store Pet Store & Service Fish Market Clothing & Fashion 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
$1.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,783
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated free-standing office building with central A/C, updated mechanical systems, and seven dedicated on-site parking spaces.
Where is this office building located?
The property is located at 40 Broad #2 FL Palisades Park, NJ.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Approximately 4,500 sq. ft. office space, 1,500 sq. ft. per floor; Comprehensive top‑to‑bottom renovation with updated mechanical systems in 2018; Central A/C, heating, electrical, and windows updated in 2018
More about this property
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