Business For Sale in Palisades Park, NJ
MLS# : 26016486
PROPERTY DETAILS
PROPERTY DESCRIPTION
Turnkey Cafe Opportunity – Newly Built in Palisades Park Excellent opportunity to acquire a modern, fully built-out cafe in the heart of Palisades Park. Opened in 2025, approximately $200,000 was invested in high-quality buildout, fixtures, and equipment. This efficient and thoughtfully designed cafe, offers approximately 1,000 square feet of space with seating for 22 customers, making it ideal for coffee, bakery, dessert, bubble tea, or specialty beverage concepts. The clean layout provides an excellent workflow for owner-operators and small teams. Located in a strong and highly desirable Palisades Park location with a long-term lease already in place, this is a perfect opportunity to step into a fully operational business without the time, expense, and risks associated with a new startup. Additional features include ample on-site parking for customers and staff. Perfect for an owner-operator or entrepreneur seeking a stylish, move-in-ready cafe opportunity in a thriving commercial area, Ample parking space on premises.
Amenities
This listing is a courtesy of RE/MAX Fortune Properties
201-816-8889 office, listing agent Shin Chung
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 (2025): | 1.463% |
| Effective Tax Rate (2025): | 1.393% |
| Compare To Other Towns |
Palisades Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $916,228 |
| Homes Sold* (12mo): | 12 |
SINGLE FAMILY HOME SALES
Palisades Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 1.463% |
| Effective Tax Rate (2025): | 1.393% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
