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Executive Summary

This multi-family mixed-use building features 2 commercial spaces and 1 studio apartment on the 1st floor, with four 2-bedroom, 1-full-bath units across the 2nd and 3rd floors. The 2nd and 3rd floors host two identical 2-bed, 1-bath apartments per level. Recently updated in 2026, the 2nd and 3rd-floor apartments have been completely renovated from top to bottom. The building also features a newly upgraded roof and rear exterior fire escape stairs. The 1st-floor commercial spaces are currently occupied by a general store and a clothing boutique, with the studio unit located privately at the rear. All utilities are fully separate for easy management. This low-maintenance property is situated in a prime, highly walkable location surrounded by diverse restaurants and local amenities. Dedicated parking spaces are conveniently located at the rear of the building.

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,544 SF
Building Class
C
Year Built
1939
Price
$2,580,000
Price Per SF
$465.37
Cap Rate
5.75%
NOI
$148,311
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.39
Lot Size
0.09 AC
Zoning
B-1, Palisades Park - The B-1 Zone in Palisades Park, New Jersey, is designated as the Retail Business District. This zone is specifically established to foster a central s
Frontage
25’ on Broad Ave
Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

PNC Bank
Santander Bank
Bank of Hope
Oritani Bank
Shoprite
Valley National Bank
Chase Bank
H Mart
Bank of America
Provident Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 45-00222-0000-00008
  • 29-00805-0000-00023
Land Assessment
$804,300 (2026)
Improvements Assessment
$1,304,600 (2026)
Total Assessment
$2,108,900 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41126066

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 326 Broad Ave, Palisades Park, NJ 07650

Contact the Sale Advisor

326 Broad Ave

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