Financial
Distress signals
Property profile

412 Broad Ave Palisades Park, NJ 07650

OFF-MARKET
Other commercial real estate
Property ID
US59-2174752
0.06 ac lot
Last sale Jan 1996 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial retail space historically used as a grocery market and deli, located on Broad Avenue in Palisades Park. It comprises approximately 2,000 square feet on the main floor with an additional approximately 2,000 square feet in the basement. The interior includes a full kitchen area equipped with a ventilation hood system and refrigeration system, supporting food preparation and deli operations. The building is positioned along a heavily traveled commercial corridor with significant passing traffic from both commuters and local residents.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2023$721k
Assessed land$365k
Assessed improvement$356k
Effective rate1.47%

Value estimate

· Sep 2026
$360k
$324k – $396k
AI approach$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.6
Watch Repair Shop9.1
Shoe Repair8.9

Location

412 Broad Ave Palisades Park, NJ 07650-1606
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Un, Palisades Park, NJ 07650-1219 $3,400,000 Jul 2025 No data
118 Un, Palisades Park, NJ 07650-1219 $3,400,000 Jul 2025 No data
130 Commercial, Palisades Park, NJ 07650-1108 $1,375,000 Jul 2025 No data
214 5th, Palisades Park, NJ 07650 $575,000 Dec 2024 No data
133 Broad, Palisades Park, NJ 07650-1441 $4,500,000 Aug 2024 No data
251 Broad, Palisades Park, NJ 07650-1550 $1,150,000 May 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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