MLS# : 23028842
Location! Location! Phenomenal opportunity to OWN your very own commercial space in a PRIME location currently serving as a reputable and long standing mechanic shop staple on Route 5 in Palisades Park in a dynamic and very busy location. Sale includes the entire building sitting on approximately 1700+ square feet on a larger lot. Building includes a bright & airy office space, bathroom, storage room and utility room with 3 large bay doors with tons of parking on the lot. Fantastic opportunity and major potential to convert into another commercial space of the new owners choosing and build accordingly with township approval as needed or leave simply as is for additional passive income with the current tenant. Location is truly unbeatable- A MUST SEE.
This listing is a courtesy of Prominent Properties Sotheby's International Realty-Jersey City
(201) 333-7717 office, listing agent Antonio M. Henriques
|Total Housing Units:||7,362|
|Single Family Homes:||3,547|
|General Tax Rate (2021):||1.584%|
|Effective Tax Rate (2021):||1.357%|
|Compare To Other Towns|
|Average Price* (12mo):||$724,916|
|Homes Sold* (12mo):||12|
|Homes :||$599,000 - 1,730,000||2 avail|
|Condos :||$370,000 - 1,488,000||14 avail|
|Twnhs :||$469,500 - 2,250,000||20 avail|
|2-4 Fam :||$849,000 - 2,700,000||13 avail|
|5+ Fam :||-|
|Land :||$1,650,000 - 4,000,000||2 avail|
|Rentals :||$1,650 - 8,250||50 avail|
|Mixd Use :||-|
|Com S :||-|
|Com L :||-|
|Biz :||$20,000 - 1,850,000||10 avail|
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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