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Mixed-Use Property with Mechanic Shop

5012 PALISADE AVE, West New York, NJ 07093

For Sale
New
$1,150,000

The property combines a mechanic shop, apartments, and on-site parking in West New York.

Property SizeContact for details
Days on Market4

Property Features for 5012 PALISADE AVE

General Information

Standard status Active
Property subtype Investment

Automotive

Service Bays 4
Automotive Uses auto repair

Additional Details

Gross Income $120,000
Real Estate Included Yes
Listing Agency: COLDWELL BANKER
Listed By: LUIS NEGRON JR
Source: Propertiesbysouthern
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 6:17PM

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 COLDWELL BANKER

Rey
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Investment Insights

Based on property information with market context.

At 5012 Palisade Avenue, the property includes a mechanic shop with four bays and three lifts, along with apartments. One apartment has access to the attic, creating a duplex-style layout. Parking accommodates more than eight cars.

The property occupies a corner at Palisade Avenue and 50th and 51st Streets in West New York, New Jersey. The listing describes the site as having potential for development that could add two units, bringing the total to five.

Key Highlights

  • Four‑bay mechanic shop with 3 lifts
  • Parking for more than 8 cars
  • Apartments include one with attic access and a duplex‑style layout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tri State Auto ... Auto Repair Shop

Suggested Use

Top Pick Catering Service Nursing Home Acupuncture Tanning Salon Coworking & Hybrid Office Veterinary Clinic

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

4
Service bays

Location Intelligence

Trade Area within ½ mile

5,022
Businesses Nearby
231k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 17% Dining 16% Apparel 10%
Food Bazaar Supermarket Groceries
38,161 visits/mo 0.4 miles
Bank of America Shops & Services
20,618 visits/mo 0.1 miles
McDonald's Dining
19,917 visits/mo 0.2 miles
Exxon Shops & Services
17,241 visits/mo 0.5 miles
QuickChek Shops & Services
15,975 visits/mo 0.3 miles

Demographics for 07093, NJ

64,929
Population
27,451
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
54,108
Density / Sq Mi
$70,389
Median Household Income
$37,229
Median Earnings
$1,619
Median Rent
$390,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Hudson County, NJ

$520 Jul
$441 Aug
$374 Sep
$439 Oct

Properties on Market for Mixed-use properties in Hudson County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a mechanic shop, apartments, and on-site parking in West New York.
Where is this mixed-use property located?
The property is located at 5012 PALISADE AVE West New York, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑bay mechanic shop with 3 lifts; Parking for more than 8 cars; Apartments include one with attic access and a duplex‑style layout
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