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$1,495,000
545 Mola Boulevard, Elmwood Park, NJ, 07407
MLS# 26040233
0.278 acres (12,110 sqft)
Lot Size
1940
Year Built
Commercial — Retail
Property Type
Description
BUILDING FOR SALE. STORE FRONT & 2ND FLOOR 3 BEDROOM/2 BATH APARTMENT. SEPERATE ENTRANCE AND PARKING. USE YOUR IMAGINATION FOR USE OF THIS mixed-use property that is centrally located between several major highways, Route 80, Route 46 & Route 4 as well as the Garden State Parkway! Includes a commercial ground floor unit, currently LEASED since 2001 for $6,250/m-m, as a liquor store/deli, lottery, etc. 2nd floor 3/2 apartment, could be for owner or to rent for $2800 m-m + 8 car parking for commercial unit and up to 4 car parking for rental apartment which includes 3 bedrooms, 2 baths, laundry, living room, dining room and eat in kitchen. Kitchen and baths in the apartment have been updated, new appliances. Separate utilities, 1 water bill split between 2 units. Central air in commercial unit, window units on 2nd floor. Driveway for commercial unit was re done in 2020. Rental apartment driveway and retaining wall were re done in 2024. Electrical panels were updated in 2022. Building Insurance, $6,600/yr.
Tax & Financial Information
| Annual Property Taxes | $17,671 (NJ Public Records) |
| Tax Assessment | $575,800 |
| Land Assessment | $501,700 |
| Listed | October 22, 2026 |
Listing Information
Listing Office: Aldo's Realty — 201-796-9300
Listing Agent: Barbara Palko — 201-417-8040 — bpalkoj@aol.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/22/2026.
Total Monthly Cost
$11,099/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $299,000 | Loan: $1,196,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Elmwood Park
NJ Transit Bus 144
Broadway (Fair Lawn)
~2 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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