316 Palisade Ave Bogota, NJ 07603
For Sale
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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.
r the purpose of this chapter, the Borough of Bogota is hereby divided into use districts as follows: Zone Designation Zone Description R-1 One-Family Residential R-1A One-Family Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Residential R-4 Residential/Multi-Family Senior Citizen PD Planned Development AR Age R…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Bogota, NJr the purpose of this chapter, the Borough of Bogota is hereby divided into use districts as follows: Zone Designation Zone Description R-1 One-Family Residential R-1A One-Family Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Residential R-4 Residential/Multi-Family Senior Citizen PD Planned Development AR Age Restricted Housing B-1 Business, Retail B-2 Business B-3 Business, Office I Industri
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
