Business For Sale in Norwood, NJ
MLS# : 26019939
PROPERTY DETAILS
PROPERTY DESCRIPTION
An exceptional opportunity to acquire a highly regarded Korean fried chicken business in the heart of Norwood. Ideally positioned on bustling Livingston Street, this thriving Korean fried chicken restaurant enjoys outstanding visibility, steady traffic, and a strong presence within one of Bergen County's most desirable communities. The business has built a loyal customer following thanks to its quality food, modern concept, and excellent reputation. Featuring approximately 1,000 square feet of beautifully renovated restaurant space plus an additional 1,000 square foot basement for storage, preparation, or operational flexibility, the facility is fully equipped and ready for a seamless transition. All equipment, fixtures, and improvements are newer, allowing a new owner to step into a turnkey operation with minimal capital expenditures. The location offers unmatched exposure to both local residents and daily commuter traffic, surrounded by established retail, dining, and neighborhood businesses that continuously drive customer activity. Whether you're an experienced restaurateur looking to expand your portfolio or an entrepreneur seeking a profitable, move-in-ready venture, this opportunity checks every box.
Amenities
This listing is a courtesy of RE/MAX NOW - Palisades Park
201-891-8000 office, listing agent Kay Suh
About Norwood, NJ Real Estate Market
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: | 5,668 |
| Total Housing Units: | 2,048 |
| Single Family Homes: | 1,339 |
| Apartments: | 709 |
| General Tax Rate (2025): | 2.892% |
| Effective Tax Rate (2025): | 2.054% |
| Compare To Other Towns |
Norwood Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,002,772 |
| Homes Sold* (12mo): | 43 |
SINGLE FAMILY HOME SALES
Norwood, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 2.892% |
| Effective Tax Rate (2025): | 2.054% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
