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248-252 Broadway
Elmwood Park, NJ 07407
Five Tenant Strip with Upside · Retail Property For Sale
Investment Highlights
- Average Household Income over $98,000 within 1 Mile
- Accessible Location from Routes 4, 17, 46, 80 and the GSP
- Nearby Retailers include ShopRite, Lidl, McDonald’s, Dunkin’ Donuts, CVS, Walgreen’s and Subway
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,760 SF
Building Class
C
Year Built
1958
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.57
Lot Size
0.23 AC
Zoning
CL
Parking
9 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
86’ on Broadway
About 248-252 BROADWAY , ELMWOOD PARK, NJ 07407
248-252 Broadway is a 5,760-square foot, five tenant retail strip center resting on 0.23 acres. There is on-site parking for nine vehicles with additional on-street parking. There is also a full basement accessible from the two end units and used for storage and workshop space, as well as a bonus room at rear of bike shop. Recent capital improvements to the property include new roof(2017), tenant signage (2018), and renewed parking lot (2018) .
Property Taxes
| Parcel Number | 11-00303-0000-00002 | Improvements Assessment | $160,000 |
| Land Assessment | $540,000 | Total Assessment | $700,000 |
Property Taxes
Parcel Number
11-00303-0000-00002
Land Assessment
$540,000
Improvements Assessment
$160,000
Total Assessment
$700,000
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