Business For Sale in Palisades Park, NJ
MLS# : 25016221
PROPERTY DETAILS
PROPERTY DESCRIPTION
Turn-Key Restaurant/Cafe with Backyard Garden – Fully Equipped Kitchen & Ready to Operate Excellent opportunity to acquire a well-maintained, turn-key restaurant/cafe located in a desirable area. This charming space features a fully equipped commercial kitchen, including a walk-in refrigerator, and offers a beautifully designed backyard garden, ideal for outdoor dining. Perfect for a motivated buyer looking to save significant time and cost on buildout and permitting. The interior and equipment have been well-kept and professionally managed, allowing for a smooth transition to new ownership. This space holds strong potential to become a high-traffic cafe or restaurant with the right operator. Whether you're a seasoned restaurateur or an aspiring owner ready to launch your concept, this opportunity offers everything needed to open immediately. Coffee equipment's negotiable. Turn-key operation – ready to open Fully equipped kitchen with walk-in refrigerator Attractive backyard garden dining area Clean and well-maintained interior Excellent value for buyer seeking minimal startup time and costs Don’t miss this chance to own a ready-to-go food and beverage business in a great location!
Amenities
This listing is a courtesy of RE/MAX Now
201-891-8000 office, listing agent
About Palisades Park, NJ Real Estate Market
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 (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
| Compare To Other Towns |
Palisades Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $857,307 |
| Homes Sold* (12mo): | 23 |
SINGLE FAMILY HOME SALES
Palisades Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.479% |
| Effective Tax Rate (2023): | 1.317% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
