326 Broad Ave, Palisades Park, NJ 07650

Located at 326 Broad Ave in Palisades Park, NJ, this multi-family mixed-use building offers a versatile investment opportunity. The property is categorized as a residential income asset and is situated in a highly walkable area, providing immediate access to local amenities and a variety of dining options. The building structure includes dedicated parking spaces located at the rear, ensuring convenient access for both commercial tenants and residential occupants.

The ground level of the building is comprised of two commercial spaces, which are currently occupied by a general store and a clothing boutique. In addition to these commercial units, the first floor houses a private studio apartment located at the rear of the building. This configuration allows for a diverse revenue stream within a single, well-maintained structure. All utilities for the various units are fully separate, which facilitates efficient management for the property owner.

The second and third floors of the building are dedicated to residential living, featuring four identical 2-bedroom, 1-bathroom apartments. These units underwent comprehensive renovations in 2026, resulting in updated interiors that have been completely refurbished from top to bottom. This recent investment in the residential portion of the building enhances the overall value and appeal of the living spaces for prospective tenants.

Significant exterior improvements have also been completed to ensure the long-term integrity of the building. The property features a newly upgraded roof and updated rear exterior fire escape stairs. These structural enhancements contribute to the low-maintenance nature of the asset. The building is positioned within Bergen County, benefiting from its location in a prime, active neighborhood that supports both commercial and residential demand.

This mixed-use property represents a functional addition to a real estate portfolio, combining commercial utility with renovated residential capacity. With its strategic location in Palisades Park and the recent 2026 updates to the upper-level apartments and exterior components, the building is prepared for continued operation. The combination of separate utility metering, dedicated parking, and a mix of commercial and residential tenants provides a structured approach to property management in this established community.