Commercial space For Lease in Palisades Park, NJ
MLS# : 26016803
PROPERTY DETAILS
PROPERTY DESCRIPTION
Rarely available free-standing commercial building perfectly situated at the premier intersection of Broad Ave & Rt 46 (Golden Corner). Built in 1990 with solid construction, this meticulously maintained property features approx. 4,500 sq. ft. of versatile space (1,500 sq. ft. per floor) and is ready for immediate occupancy. The building underwent a comprehensive top-to-bottom renovation with updated mechanical systems installed in 2018, including Central A/C, Heating, Electrical, and Windows. 7 dedicated on-site parking spaces included. Perfect for an owner-user or an investor looking for a turnkey property in a high-demand location!
Amenities
This listing is a courtesy of RE/MAX Fortune Properties
201-816-8889 office, listing agent Kenneth Koh
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)
