Commercial space For Lease in Palisades Park, NJ
MLS# : 25031193
PROPERTY DETAILS
PROPERTY DESCRIPTION
Two adjoining lots (14 and 15, 41x150 and 30x78) with building, currently operating as a medical practice. The property features 10 exam rooms, open floor space for additional equipment, a large waiting area with reception desk, three restrooms (including one with a shower for staff or doctor use), a handicap-accessible chair lift, laundry room, and multiple utility and storage areas. The lower level offers administrative offices, storage, a rec/cafeteria room, and laundry facilities. The site provides over 30 parking spaces at the rear and side of the building. With convenient access to Routes 46, 80, 95, and the NJ Turnpike, as well as close proximity to NYC, public transit, shops, and restaurants, this property presents an exceptional development opportunity. Sold as is. Contact us today to schedule a confirmed appointment.
Amenities
This listing is a courtesy of Christie's International Real Estate Group-Fort Lee
201-346-0200 office, listing agent Sara Shin
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): | $810,852 |
| Homes Sold* (12mo): | 20 |
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)
