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Freestanding Three-Story Storefront
For Lease
$1,499,000

40 Broad Avenue, Palisades Park, NJ 07650

The building offers flexible commercial space across multiple levels and includes dedicated on-site parking.

Space Size4,500 SF
Days on Market176

Property Features for 40 Broad Avenue

General Information

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

Space & Availability

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

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $28,494

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: Tkregroupinc
Added: May 11 Changed: Nov 1 Last Checked: Nov 1 at 3:59PM

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

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Investment Insights

Based on property information with market context.

This freestanding storefront contains approximately 4,500 square feet arranged across three floors, with 1,500 square feet on each level. Built in 1990, the building received a comprehensive renovation in 2018 that included updates to its mechanical systems, central air conditioning, heating, electrical service, and windows. Seven dedicated parking spaces are on site.

The property is at the intersection of Broad Avenue and Route 46 in Palisades Park, New Jersey, and is offered for rent.

Key Highlights

  • Approximately 4,500 square feet across three floors, with 1,500 square feet per floor
  • 2018 renovation included central A/C, heating, electrical, windows, and mechanical systems
  • Seven dedicated on‑site parking spaces

Property Analytics

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Open 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,783
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Dining 10% Hotels & Casinos 7% Electronics 7%
Sunoco Shops & Services
12,225 visits/mo 0.2 miles
Sunoco Shops & Services
6,751 visits/mo 0.3 miles
7-Eleven Shops & Services
6,662 visits/mo 0.2 miles
Taste of China Dining
3,230 visits/mo 0.1 miles
Days Inn Ridgefield NJ Hotels & Casinos
2,482 visits/mo 0.5 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
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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

Similar Off Market Nearby

  • Ridgefield Florist — 470 broad ave, ridgefield, nj 07657
  • Sympathy Tributes — 784 Anderson Ave ste 1, Cliffside Park, NJ 07010
  • Cliff Park Florist — 784 Anderson Ave, Cliffside Park, NJ 07010
  • Palisades Park Florist — 21 Grand Ave Suite 213, Palisades Park, NJ 07650
  • Rodeo Flowers — 225 Broad Ave 111 & 112, Palisades Park, NJ 07650

Frequently Asked Questions

What type of property is this?
Storefront property - The building offers flexible commercial space across multiple levels and includes dedicated on-site parking.
Where is this storefront property located?
The property is located at 40 Broad Avenue Palisades Park, NJ.
What is the lease rate?
The lease rate is $1,499,000.
What are key features of this property?
This property features: Approximately 4,500 square feet across three floors, with 1,500 square feet per floor; 2018 renovation included central A/C, heating, electrical, windows, and mechanical systems; Seven dedicated on‑site parking spaces
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