48-50 W Palisade Ave, Englewood, NJ 07631
48-50 W Palisade Ave, Englewood, NJ 07631Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
4,300 SF 100% Leased Retail Building Englewood, NJ 07631 $2,200,000 ($511.63/SF) 8.89% Cap Rate
Prime mixed-use building located in one of Englewood’s busiest and most desirable commercial corridors. This well-maintained property features three spacious residential apartments along with two high-visibility commercial units, and three office space available, offering strong income potential and consistent foot traffic. The commercial spaces are ideal for retail, or office, benefiting from excellent street exposure. The residential units provide reliable rental income. Don’t miss this rare opportunity to own a high-demand mixed-use building in thriving Englewood, NJ!
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Property Details
- Frontage: Frontage
- Area: 4,300 sq ft
- Year built: 1936
- Sale Type: Investment or Owner User
- Cap Rate: 8.89%
- Building Size: 4,300 SF
- Building Class: B
- Tenancy: Multiple
- Percent Leased: 100%
- Building Height: 2 Stories
- Building Far: 0.99
- Opportunity Zone: Yes
- Zoning: CBD1
Property Taxes
- Parcel Number: 15-02305-0000-00003
- Land Assessment: $633,600 (2025)
- Improvements Assessment: $394,500 (2025)
- Total Assessment: $1,028,100 (2025)
Agent
Simon Kim
RE/MAX NOW - Palisades Park
Location
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