Storefront Commercial
For Sale
Contact for pricing
440 Broad Ave, Palisades Park, NJ 07650
Bright, functional space on Broad Avenue supports retail, office, or service-oriented occupancy.
Property Size700 SF
Price / SF$2.50
Days on Market92
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Property Features for 440 Broad Ave
General Information
Standard status
Active
Size
700 SF
Listing Agency:
Kingstone Realty LLC
Listed By:
Woohwa Jung (201) 658-5206
(201) 313-1002
Source:
Brentsellsnj
Added: Jul 16
Changed: Oct 15
Last Checked: Oct 14 at 11:47PM
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 Kingstone Realty LLC
Investment Insights
Based on property information with market context.
This approximately 700 SF storefront offers a clean, well-maintained commercial setting with a bright, functional interior layout. The space is identified as suitable for retail, professional office, or service-oriented uses, providing flexibility for a range of business operations.
Located at 440 Broad Ave in Palisades Park, the property places a commercial space directly on Broad Avenue. Its storefront configuration and practical layout support customer-facing or office-oriented occupancy within the corridor.
Located at 440 Broad Ave in Palisades Park, the property places a commercial space directly on Broad Avenue. Its storefront configuration and practical layout support customer-facing or office-oriented occupancy within the corridor.
Key Highlights
- Approximately 700 SF of commercial space
- Storefront location on Broad Avenue
- Clean, well‑maintained building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,991
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,820
$199.8K
Cap Rate 7%
$142,729
$142.7K
Cap Rate 9%
$111,011
$111.0K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$15.1K $21.60/SF
− Vacancy
−$847 −$1.21/SF
EGI
$14.3K $20.39/SF
− OpEx
−$4.3K −$6.12/SF
NOI
$10.0K $14.27/SF
Area
Bergen County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,820
Cap Rate 7%
$142,729
Cap Rate 9%
$111,011
Alternative Uses
Best Use
Retail
$142.7K
$124.9K – $166.5K
NOI $9,991 @ 7.0% cap · market cap 570.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$182.8K
$159.9K – $213.3K
NOI $12,795 @ 7.0% cap · market cap 731.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 82%
Shops & Services 14%
Electronics 4%
ShopRite
Groceries
48,196 visits/mo
0.5 miles
Exxon
Shops & Services
7,945 visits/mo
0.2 miles
Verizon
Electronics
2,374 visits/mo
0.3 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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Palisades Park Florist — 21 Grand Ave Suite 213, Palisades Park, NJ 07650
- Rodeo Flowers — 225 Broad Ave 111 & 112, Palisades Park, NJ 07650
- Hanju Florist — 324 Broad Ave, Leonia, NJ 07605
Frequently Asked Questions
What type of property is this?
Storefront property - Bright, functional space on Broad Avenue supports retail, office, or service-oriented occupancy.
Where is this storefront property located?
The property is located at 440 Broad Ave Palisades Park, NJ.
What are key features of this property?
This property features: Approximately 700 SF of commercial space; Storefront location on Broad Avenue; Clean, well‑maintained building
