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Business For Sale in Norwood, NJ
 

Map

MLS# : 26013382

Street : 450 Livingston Street
Price : $249,000
Town : Norwood, NJ 07648
General Tax Rate (2025) : 2.892%

PROPERTY DETAILS

Use : Service/Food
Type : Restaurant
Basement : None
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water

PROPERTY DESCRIPTION

Positioned in a prime, high-visibility corridor on one of Norwood’s busiest streets—just steps from the Northvale border—this exceptional restaurant opportunity offers both location and infrastructure for immediate success. Surrounded by a thriving mix of retail shops, service businesses, and daily neighborhood activity, the property benefits from constant vehicular and pedestrian traffic, ensuring maximum exposure. The space encompasses approximately 1,500 square feet and has been recently renovated with a clean, modern aesthetic. It features a spacious, open-concept kitchen outfitted with newer appliances, commercial-grade equipment, and a full ventilation hood system—designed for efficiency and high-volume operations. This turnkey establishment presents a rare opportunity for an owner-operator or investor to step into a fully built-out space with an existing, loyal customer base already in place. With strong visibility, consistent foot traffic, and a dynamic surrounding business environment, this location is ideally suited for continued growth and long-term success.

Amenities

This listing is a courtesy of RE/MAX NOW - Palisades Park
201-891-8000 office, listing agent Ray Park

About Norwood, NJ Real Estate Market

Deriving its name from the old description of the place as ‘North Woods’, Norwood is a borough from Bergen County in New Jersey state having a population of around 6,000 people and an area of 2.79 square miles. Located in the northeastern part of New Jersey, Norwood is at a distance of just 2 miles from the New York state line and shares its borders with other boroughs of Bergen County, such as Closter, Alpine, Old Tappan, Northvale, Rockleigh and Harrington Park.

The borough of Norwood was created using the portions of Harrington Township in 1905, as a result of an act of the New Jersey Legislature. Even before that, the present-day territory of Norwood was a prominent part of Harrington Township, between the Hudson River in the east and Saddle River in the west. The population in Norwood began settling in 1686 by many families from the Dutch Republic, who used the Tappan Patent to purchase lands in the territory. Before that, the Lenni Lenape native Americans roamed in the territory. However, now you can have small-sized houses for sale in this part of New Jersey.

There are dense forests surrounding the borough of Norwood, which are home to many species, such as turtles, deer, rabbits, foxes and coyotes. The gradual rise in the human population started interfering with the existing wildlife.
Population:  5,711
Total Housing Units:  2,007
Single Family Homes:  1,798
General Tax Rate (2025):  2.892%
Effective Tax Rate (2025):  2.054%
Compare To Other Towns

Norwood Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,038,438
Homes Sold* (12mo):  37
PRICE INDEX
SINGLE FAMILY HOME SALES

Norwood, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2025):  2.892%
Effective Tax Rate (2025):  2.054%
GENRAL TAX RATE - Norwood, 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)

    Contact Info

    FOR APPOINTMENTS CONTACT


    Licensed as Marek Zagorski
    Broker
    201-478-3185 (cell)

    Madisom Adams Broker Marek Zagorski


    Sales Associate
    201-724-6913 (cell)

    Madisom Adams Sales Associate Carmela Maggio


    Sales Associate
    551-358-4252 (cell)

    Madisom Adams Sales Associate Henry A. Washington


    Real estate inventory
    Norwood
    Homes : $799,000 - 1,875,000 6
    Condos : -
    Co-ops : -
    Twnhs : $890,000 - 890,000 1
    2-4 Fam : -
    5+ Fam : -
    Land : $1,450,000 - 1,450,000 1
    Rentals : $1,850 - 13,450 7
    Mixd Use : -
    Com S : -
    Com L : -
    Biz : $249,000 - 299,999 3


    18 SEE ALL

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    More Listings in Norwood

    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
    NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 04/18/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


    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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    Madison AdamsTM

    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201 760-1100 (office)
    201 760-1102 (fax)
    office@madisonadams.com