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Established Korean Restaurant in Tenafly
For Sale
$249,000

72 Piermont, Tenafly, NJ 07670

Thriving restaurant business with on-site living in Bergen County.

Property SizeContact for details
Days on Market342

Property Features for 72 Piermont

General Information

Standard status Active
Property subtype Commercial

Amenities

Central Air Heating
Gas Heating
Hot Air Heating
Listing Agency: COLDWELL BANKER, FORT LEE
Listed By: JAMES CHUNG · License #0448350
Source: Corcoran
Added: Sep 24, 2025 Changed: Aug 27 Last Checked: Aug 30 at 5:09PM

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, FORT LEE

Investment Insights

Based on property information with market context.

This well-established Korean restaurant, located in the heart of Tenafly, has served the community since 2017. It features a spacious dining area and a backyard organic vegetable garden. The garden provides fresh ingredients for a farm-to-table experience. An adjacent two-bedroom, one-bath apartment with a basement offers on-site living. The property also includes a storage shed and ample operational space. This is a business-only opportunity; the real estate is not included.

Key Highlights

  • Thriving Korean restaurant business with established reputation since 2017.
  • Located in the heart of Tenafly, a desirable Bergen County location.
  • Includes a two‑bedroom, one‑bath apartment with basement for on‑site living.

Property Analytics

Current Use

MyungGaWon Restaurant 명거원 Restaurant LLC Smoke Help ... Home Inspector

Suggested Use

Top Pick Law Firm Computer & Electronic Repair Auto Parts Store Grocery & Convenience Store Tech Support Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,336
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Groceries 44% Home Improvements & Furnishings 7% Dining 4%
Stop & Shop Groceries
33,548 visits/mo 0.3 miles
Chase Bank Shops & Services
9,649 visits/mo 0.3 miles
7-Eleven Shops & Services
8,872 visits/mo 0.4 miles
True Value Home Improvements & Furnishings
5,646 visits/mo 0.4 miles
BP Shops & Services
4,856 visits/mo 0.5 miles

Demographics for 07670, NJ

15,409
Population
5,415
Households
2.8
Avg Household Size
42
Median Age
79%
College-Educated
99%
High-School Grad
4.6 sq mi
ZIP Area
3,350
Density / Sq Mi
$208,088
Median Household Income
$110,625
Median Earnings
$3,143
Median Rent
$974,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Thriving restaurant business with on-site living in Bergen County.
Where is this conventional restaurant located?
The property is located at 72 Piermont Tenafly, NJ.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Thriving Korean restaurant business with established reputation since 2017.; Located in the heart of Tenafly, a desirable Bergen County location.; Includes a two‑bedroom, one‑bath apartment with basement for on‑site living.
More about this property
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