507 Broad Avenue, Palisades Park, NJ, 07650 — Photo 11 / 4
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$2,700,000

507 Broad Avenue, Palisades Park, NJ, 07650

MLS# 26006305

Active239d on market

0.115 acres (5,000 sqft)

Lot Size

Commercial — Retail

Property Type

Description

COMMERCIAL BUILDING FOR SALE ON BROAD AVE, PALISADES PARK 20 YEARS OLD BUILDING, WELL MAINTAINED 1 RETAIL STORE (HAIR SALON) AND 4 APARTMENTS, ALL SEPARATED UTILITIES, NJ TRANSIT BUS STOP IN FRONT OF BUILDING, WORKING DISTANCE SHOPS, REASTAURNATS, MARKETS, CHURCH... GOOD CONDITION EVERY APARTMENTS, WORRY FREE BUILDING, 6 PARKING SPACES UNDER THE BUILDING, GOOD FOR QULIFIED INVESTOR CALL LB FOR FACT SHEET (INCOME AND EXPANSE) THE HAIR SALONG IS NOT FOR SALE 4 APARTMENT / TENANTS OCCUPIED AND 1 STORE / BEAUTY SALON UNIT A 1 BED/DEN. 1.5 BATH, UNIT B 2 BED & 2 BATH, UNIT C 2 BED & 2 BATH, UNIT D 2 BED & 2 BATH EACH UNIT( 1 PARKING SPOT UNDER THE BUILDING, LAUNDRY ROOM, CENTRAL HEAT AND A/C, HARDWOOD FLOOR )

Tax & Financial Information

Annual Property Taxes$31,889 (NJ Public Records)
Tax Assessment$2,270,500
Land Assessment$752,900
ListedMarch 1, 2026

Listing Information

Listing Office: 2Win Realty LLC — 201-720-9000

Listing Agent: Min Hyoung Cho — (201) 674-1115 — minhjoe@hotmail.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 3/4/2026.

Total Monthly Cost

$20,042/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$14,010
Property Taxes$2,657
Homeowner Insurance$1,125
Est. Maintenance$2,250
Total$20,042

Down: $540,000 | Loan: $2,160,000

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

Palisades Park

🚂
Transit to NYC Penn

NJ Transit Bus 156/166

30 min
🚗
Drive to NYC (Midtown)
25 min
🚗
Drive to Hoboken/JC
12 min
🚗
Drive to Newark
22 min
🚉

Leonia (Bus)

~1.5 mi from town center

Monthly Pass(Zone 2)$130/mo

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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Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462

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