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    316 Palisade Ave Bogota, NJ 07603

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    316 Palisade Ave Bogota, NJ 07603


    • Commercial real estate
    • 1,408 SF
    • 0.09 lot acres
    Mixed-Use Property Near Overpeck Park For Sale
    $759,000

    Mixed-Use Property Near Overpeck Park

    Renovated mixed-use property with retail space, garage, and apartment.

    316 Palisade, Bogota, NJ 7603
    View Listing
    Property ID
    US59-1747059
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    3.2%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 316 Palisade Ave

    Year built
    1925
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    1,408 SF
    Zone code
    R2
    Property type
    Commercial real estate
    APN
    04 00040-0000-00014
    APU
    400040000000014

    Description

    This exceptional investment opportunity presents a unique property located at 316 Palisade Avenue in Bogota, New Jersey. Priced at $789,000, this property offers significant potential for a discerning buyer. While the square footage is not currently specified, the property's location in Bogota, NJ, offers a strategic advantage within a vibrant and growing community. The property type is classified as "Other," suggesting a versatile use case that could accommodate a variety of commercial ventures. The absence of acreage information indicates a likely smaller footprint, potentially ideal for a boutique business or specialized commercial use. Further investigation into the property's zoning and permitted uses is recommended to fully explore its development potential. Given the attractive price point and the dynamic nature of the Bogota market, this property represents a compelling investment prospect for those seeking a unique commercial asset with considerable upside. Serious inquiries are encouraged to conduct due diligence and assess the property's suitability for their specific business needs. The property's address, 316 Palisade Avenue, provides easy access to local amenities and transportation networks, further enhancing its appeal. This is a chance to acquire a well-positioned commercial property in a desirable New Jersey location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $625,000
      ML approach
      $620,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $425,000
      Market price range: $277k - $588k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $410,000
      Current use
      OFFICE BUILDING
      $340,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bogota
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0256
    Latitude
    40.8765
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,665
    $120,000
    $179,000
    $299,000
    -
    $120,000
    $179,000
    $299,000
    View Listing
    More about this property
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