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321 Broadway 13,580 SF 89% Leased Retail Building Hillsdale, NJ 07642 $5,700,000 ($419.73/SF) 5% Cap Rate
Executive Summary
Please don't miss this exceptional income-producing commercial property located in the highly desirable and affluent Hillsdale market of Bergen County. The property sits on an expansive approximately 35,000 square foot lot and is improved with a ±13,000 square foot multi-tenant retail building & 45 cars parking area.
The building consists of 9 total units and is currently approximately 90% occupied, providing strong in-place income and stable tenancy. Established tenants include a nail salon, Japanese restaurant, bagel shop, deli, Chinese restaurant, halal restaurant, and Mediterranean restaurant — all operating successfully and serving the surrounding upper-middle-income residential community.
Hillsdale is known for its strong demographics, quality school system, and steady consumer base, making this a highly attractive retail corridor with consistent foot traffic and repeat clientele.
The generous lot offers ample on-site parking and potential future upside (subject to municipal approvals). Excellent visibility and convenient access to major roadways further enhance the property’s long-term value.
A rare opportunity to acquire a high-occupancy retail asset in one of Bergen County’s sought-after commercial markets.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This space is very good for restaurant and all kind of business. All stores in strip mall are very busy in the Heart of Hillsdale with high visibility, on a lot of Parking spaces(60) & good pedestrian Traffic. Landlord pays for Water, Building Insurance, Maintenance of Exterior. This space is very good CHANCE for Restaurant, or all kind of stores in strip mall what are operating well for Nail & Spa, Chinese Restaurant, Japanese restaurant, Mediterranean restaurant & Bagel/Deli store and NOW preparation for opening Halal restaurant. *****Landlord can rent the whole Spaces available for 1,531 SF for Restaurant and others.
| Space | Size | Space Use | Position | Available |
| #3 | 1,531 SF | Restaurant | In-Line | Now |
#3
| Size |
| 1,531 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
#3
| Size | 1,531 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
This space is very good for restaurant and all kind of business. All stores in strip mall are very busy in the Heart of Hillsdale with high visibility, on a lot of Parking spaces(60) & good pedestrian Traffic. Landlord pays for Water, Building Insurance, Maintenance of Exterior. This space is very good CHANCE for Restaurant, or all kind of stores in strip mall what are operating well for Nail & Spa, Chinese Restaurant, Japanese restaurant, Mediterranean restaurant & Bagel/Deli store and NOW preparation for opening Halal restaurant. *****Landlord can rent the whole Spaces available for 1,531 SF for Restaurant and others.
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-01001-0000-00001 | Improvements Assessment | $1,084,000 |
| Land Assessment | $891,000 | Total Assessment | $1,975,000 |
Property Taxes
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321 Broadway
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