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Mixed-Use Property with Restaurant
New
For Sale
$2,498,888

404 Broad Ave, Palisades Park, NJ 07650

A street-level pizzeria is paired with two upstairs apartments and restaurant-support space below grade.

Property SizeContact for details
Days on Market5

Property Features for 404 Broad Ave

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Floor Ground
Business Included Yes

Building Details

Tenancy Multi
Listing Agency: Prominent Properties Sotheby's International Realty-Tenafly
Listed By: Christian C. Di Stasio () · License #1757464
Source: Fortuneluxuryrealty
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 12 at 7:20PM

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-Tenafly

Investment Insights

Based on property information with market context.

At 404 Broad Ave, this mixed-use building has Donna’s Pizza at street level, two updated two-bedroom apartments on the second floor, and basement space used by the restaurant. A dumbwaiter links the basement directly to the commercial kitchen. The pizzeria has served the local community and surrounding area for over 61 years.

The real estate and Donna’s Pizza are offered separately but must be acquired together, combining the operating restaurant business with the property and its two residential units.

Key Highlights

  • Donna’s Pizza occupies the street level and has served the community for over 61 years
  • Two updated 2‑bedroom apartments are located on the second floor
  • Restaurant‑use basement space includes a dumbwaiter connecting to the commercial kitchen

Property Analytics

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Current Use

Donna's Pizza Center Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home Parking Lot & Garage Tanning Salon Carpet & Flooring 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

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

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
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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 - A street-level pizzeria is paired with two upstairs apartments and restaurant-support space below grade.
Where is this mixed-use property located?
The property is located at 404 Broad Ave Palisades Park, NJ.
What is the asking price?
The asking price for this property is $2,498,888.
What are key features of this property?
This property features: Donna’s Pizza occupies the street level and has served the community for over 61 years; Two updated 2‑bedroom apartments are located on the second floor; Restaurant‑use basement space includes a dumbwaiter connecting to the commercial kitchen
More about this property
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