Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    453 Palisade Ave Cliffside Park, NJ 07010

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Turnkey dry cleaning drop shop in Cliffside Park for sale.

    Property Features for 453 Palisade Ave

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Yvonne Chung
    Source: Corcoran

    Listing Agency: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-ENGLEWOOD CLIFFS Listing Agent: Yvonne Chung

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Established Dry Cleaning Drop Shop

    This is a well-established dry cleaning and alteration drop shop located in a prime location in Cliffside Park. The business has served the community for over 30 years, fostering a loyal and consistent customer base. The storefront benefits from high visibility and steady neighborhood traffic. The operation is easy to manage, featuring a simple drop-off system and low overhead. The turnkey sale includes all equipment, a security camera system, basement storage space, and one bathroom. This presents an ideal opportunity for an owner-operator or a family-run business. The business has a strong repeat clientele with the potential to increase revenue through extended hours, wash-and-fold services, pickup and delivery, or expanded marketing. The business offers stable income with growth opportunity. The seller is motivated.
    Location Intelligence

    Current Use by Public Records

    S S Cleaners (Bike/Boat/Book/etc) Store Pizza Side Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Fiesta Florist, Wedded Events

    Location Insight

    • Map
    • Local Demand
    City
    Cliffside Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9889636
    Latitude
    40.8198645

    Nearby Similar for Sale

    • $899,000

      Retail Space with NYC Views

      Retail space with NYC and Hudson River views, financing available.
      266 Palisade Ave, Cliffside Park, NJ 07010
      View Details
    • $290,000

      Turn-Key Meat Market Opportunity

      Fully renovated meat market on a busy commercial street.
      547 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $849,000

      Two-Story Retail Building For Sale

      Two-story building with a stable income stream in thriving location.
      452 Palisade Ave, Cliffside Park, NJ 07010
      View Details
    • $849,000

      Two-Story Retail Building For Sale

      Two-story retail building with stable income stream until June 2028.
      452 Palisade Ave, Cliffside Park, NJ 07010
      View Details
    • $150,000

      Established Boutique Business Opportunity

      Thriving clothing boutique with loyal customer base and growth potential.
      739 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $115,000

      Established Hardware Store on Main

      Hardware store for sale in Cliffside Park, NJ.
      660 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $35,000

      Established Hair Salon for Sale

      Turn-key hair salon in Cliffside Park business district.
      728-730 W Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $150,000

      Established Boutique Business For Sale

      Profitable clothing boutique with loyal customer base in prime location.
      739 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $1,200,000

      Mixed-Use Property in Business District

      Mixed-use property in Cliffside Park business district with high foot traffic.
      549 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $1,590,000

      Cliffside Park Retail Investment Opportunity

      Two-story commercial building with restaurant and outdoor dining area.
      526 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $1,490,000

      Cliffside Park Restaurant Investment Opportunity

      Two-story commercial building with renovated restaurant and outdoor dining.
      526 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $849,900

      Cliffside Park Specialty Property

      Specialty property in Cliffside Park, New Jersey available for sale.
      100 Carlyle Dr, Cliffside Park, NJ 07010
      View Details

    FAQs

    What type of property is this?
    Storefront property - Turnkey dry cleaning drop shop in Cliffside Park for sale.
    Where is this storefront property located?
    The property is located at 453 Palisade Ave Cliffside Park, NJ.
    What are key features of this property?
    This property features: - Established business (30+ years) with loyal customer base and stable income.; - Prime Cliffside Park location with **high-visibility storefront** and steady traffic.; - **Turnkey operation includes all equipment and security system.**
    (201) 585-8080
    Request Owner's contact information
    453 Palisade Ave Cliffside Park, NJ 07010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    453 Palisade Ave
    Cliffside Park, NJ 07010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    453 Palisade Ave Cliffside Park, NJ 07010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Yvonne Chung
    (201) 585-8080
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!