Business For Sale in Palisades Park, NJ
MLS# : 24000558
Street : 227-G Grand Avenue
Price : $10,000
Town : Palisades Park, NJ 07650
General Tax Rate (2021) : 1.584%
PROPERTY DETAILS
Use : Service/Non-food
Type : Other
Basement : None
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Owner Pays : O/See Rmks
PROPERTY DESCRIPTION
Well established and thriving private piano lesson business in a prime location of Palisades Park. The business currently operates with just over 10 various pianos for different clients and styles. The location of the business is unmatched with the amount of constant traffic flow moving on Grand Ave throughout the day. A consistent and loyal client base is already situated into place for a seamless change in ownership. CAM, tax, heat, and gas are included in the rent. Ample amount of parking is provided for both employees and clients.
Amenities
This listing is a courtesy of C Land Realty Co. Pal Park
(201) 944-5353 office, listing agent Kay Suh
About Palisades Park, NJ Real Estate Market
A very small borough located in Bergen County in New Jersey state, Palisades Park has a population of more than 20,000 people, most of which hail from Korea. The borough is spread over just 1.28 square miles and shares its borders with neighboring boroughs like Fort Lee, Ridgefield Park, Leonia and Morsemere.
The foundation of Palisades Park as a modern borough got laid in 1899 under an act of the New Jersey Legislature. A few portions of Ridgefield Township got included for the formation of Palisades Park, which seeks inspiration from its location, which is at the top of New Jersey Palisades.
As said above, it is densely inhabited by Koreans, which form around 65 per cent of the total population of the borough. The borough is also known as ‘Little Korea’ and ‘Koreatown on the Hudson’ by the American natives. Even the central business district located around Broad Avenue is known as Koreatown due to the rich ethnicity of Koreans in the area. In 2015, a proposal for changing the name of Broad Avenue to ‘Korea Way’ was introduced by the Korean-American Association of Palisades Park to the mayor of the town. The influence of Korean culture is evident in this part of New Jersey real estate too.
The foundation of Palisades Park as a modern borough got laid in 1899 under an act of the New Jersey Legislature. A few portions of Ridgefield Township got included for the formation of Palisades Park, which seeks inspiration from its location, which is at the top of New Jersey Palisades.
As said above, it is densely inhabited by Koreans, which form around 65 per cent of the total population of the borough. The borough is also known as ‘Little Korea’ and ‘Koreatown on the Hudson’ by the American natives. Even the central business district located around Broad Avenue is known as Koreatown due to the rich ethnicity of Koreans in the area. In 2015, a proposal for changing the name of Broad Avenue to ‘Korea Way’ was introduced by the Korean-American Association of Palisades Park to the mayor of the town. The influence of Korean culture is evident in this part of New Jersey real estate too.
| Population: | 19,622 |
| 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 |
Palisades Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $709,676 |
| Homes Sold* (12mo): | 15 |
PRICE INDEX
SINGLE FAMILY HOME SALES
Palisades Park, NJ
SINGLE FAMILY HOME SALES
Palisades Park, NJ
12 Month Moving Average
1 YR
2 YR
3 YR
5 YR
7 YR
MAX
REAL ESTATE TAXES
| General Tax Rate (2021): | 1.584% |
| Effective Tax Rate (2021): | 1.357% |
GENRAL TAX RATE - Palisades Park, NJ
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MADISON ADAMSTM
office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $530,000 - 1,375,000 | 5 avail |
| Condos : | $279,999 - 1,425,000 | 22 avail |
| Co-ops : | - | |
| Twnhs : | $1,090,000 - 1,395,000 | 9 avail |
| 2-4 Fam : | $775,000 - 2,579,990 | 13 avail |
| 5+ Fam : | - | |
| Land : | $4,000,000 - 4,000,000 | 1 avail |
| Rentals : | $1,350 - 13,000 | 47 avail |
| Mixd Use : | $1,890,000 - 1,890,000 | 1 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $10,000 - 1,850,000 | 11 avail |
