37 Palisade Ave Englewood, NJ 07631-2901
Property profile & analytics
37 Palisade Ave, Englewood, NJ 07631-2901
- Commercial real estate
- 5,872 SF
- 0.11 lot acres
Property ID
US59-2138377
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.
Location Intelligence
Current Use by Public Records
- Davari Jewelry Inc. / (Bike/Boat/Book/etc) Store
Property Details for 37 Palisade Ave
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Zone code
- CBD1
- Property type
- Commercial real estate
- APN
- 15 01208-0000-00016- 01
- APU
- 150120800000001601
Description
This exceptional business opportunity presents a thriving jewelry store located at 37 E Palisade Avenue in the vibrant city of Englewood, New Jersey. Situated on a high-traffic section of E Palisade Avenue, this ground-level showroom benefits from excellent street exposure amongst specialty shops, cafes, and restaurants. The space has recently undergone a complete renovation, resulting in a modern and appealing retail environment. The sale includes all fixtures and equipment necessary for immediate operation, encompassing showroom floor and wall displays, furniture, a secure safe, and specialized jewelry-making tools such as a laser welder, grinder, and steam cleaner. A comprehensive security system, complete with cameras and a security gate, ensures the safety of inventory and clientele. The business boasts a stellar 4.9-star Google rating and a loyal, established customer base. Furthermore, the sale includes existing marketing materials and social media presence. The current owner will provide comprehensive training for a smooth transition, lasting approximately four to six weeks. The owner's relocation out of state presents this unique opportunity for a qualified buyer to acquire a well-established and profitable business in a desirable location. The asking price is $275,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,530,000
- ML approach
- $1,650,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,365,000
- 6.5%
- $1,260,000
- 7%
- $1,170,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $938,000
Market price range: $351k - $1.35M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,155,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,930,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Bergen
- State
- New Jersey
- Longitude
- -73.9736
- Latitude
- 40.8935
- 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
$41,295
$1,050,000
$350,300
$1,400,300
-
$1,050,000
$350,300
$1,400,300
