Business For Sale in Tenafly, NJ
MLS# : 25034079
PROPERTY DETAILS
PROPERTY DESCRIPTION
Located in the heart of Tenafly, this popular Korean restaurant has been proudly serving the community since 2017. The business enjoys a loyal customer base and a reputation for authentic cuisine. The property features a spacious dining area and a charming backyard organic vegetable garden, providing fresh ingredients and a unique farm-to-table appeal. An adjacent two-bedroom, one-bath apartment with a basement offers convenient on-site living or potential rental income. Additional benefits include an extra storage shed and ample room for operations. This is a rare opportunity to own a thriving restaurant with built-in accommodations in one of Bergen County’s most desirable locations.
Amenities
This listing is a courtesy of Coldwell Banker, Fort Lee
201-461-5000 office, listing agent James Chung
About Tenafly, NJ Real Estate Market
Tenafly shares its borders with other boroughs of Bergen County, such as Cresskill, Alpine, Englewood, Bergenfield and Englewood Cliffs. Since the beginning, Tenafly has remained one of the highest-income communities in Bergen County, due to which you can find many large-sized homes, which are some of the most desirable houses in New Jersey real estate.
During the late 17th century, many Dutch immigrants began to settle in Tenafly. The Dutch influence can be seen in the inspiration behind the borough’s name, taken from the Dutch phrase ‘Tiene Vly’ that means ‘ten swamps.
The overall planning and development in Tenafly are influenced by the hills and valleys around the town. While the eastern part of Tenafly is called ‘East Hill’ and has a higher elevation, the eastern part of the borough has dramatically higher terrains which terminate at the New Jersey Palisades beside the Hudson River.
| Population: | 14,488 |
| Total Housing Units: | 4,980 |
| Single Family Homes: | 4,500 |
| General Tax Rate (2023): | 2.771% |
| Effective Tax Rate (2023): | 2.105% |
| Compare To Other Towns |
Tenafly Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,574,384 |
| Homes Sold* (12mo): | 127 |
SINGLE FAMILY HOME SALES
Tenafly, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.771% |
| Effective Tax Rate (2023): | 2.105% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
