For Sale
For Sale
-
Year Built
1950
-
Total Building Size
6,226 RSF
-
Overview
Situated close to all major highways, this corner lot is prime for any investor looking to hold and secure income with the lucrative future upside of multi-family development. Palisades Park is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 19,622, reflecting an increase of 2,549 from the 17,073 counted in the 2000 Census, which had in turn increased by 2,537 from the 14,536 counted in the 1990 Census. The borough of Palisades Park was created by an act of the New Jersey Legislature on March 22, 1899, from portions of Ridgefield Township. A portion of its area was annexed by the neighboring borough of Fort Lee in April 1909. The borough was named for its location atop the New Jersey Palisades. Geography According to the United States Census Bureau, the borough had a total area of 1.276 square miles (3.304 km2), including 1.251 square miles (3.241 km2) of land and 0.025 square miles (0.064 km2) of water (1.93%). 2010 Census As of the 2010 United States Census, there were 19,622 people, 6,934 households, and 5,020 families residing in the borough. The population density was 15,681.6 per square mile (6,054.7/km2). There were 7,362 housing units at an average density of 5,883.6 per square mile (2,271.7/km2). The racial makeup of the borough was 28.90% (5,670) White, 1.96% (385) Black or African American, 0.31% (60) Native American, 57.84% (11,350) Asian, 0.05% (10) Pacific Islander, 9.00% (1,765) from other races, and 1.95% (382) from two or more races. Hispanic or Latino of any race were 18.22% (3,575) of the population. First Time On Market in 15+ Years! Prime opportunity for an investor to purchase a rare mixed-use industrial, retail, and office space.
Property Details
Mixed-use Commercial Investment/Future Residential Development Opportunity
Situated close to all major highways, this corner lot is prime for any investor looking to hold and secure income with the lucrative future upside of multi-family development. Palisades Park is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 19,622, reflecting an increase of 2,549 from the 17,073 counted in the 2000 Census, which had in turn increased by 2,537 from the 14,536 counted in the 1990 Census. The borough of Palisades Park was created by an act of the New Jersey Legislature on March 22, 1899, from portions of Ridgefield Township. A portion of its area was annexed by the neighboring borough of Fort Lee in April 1909. The borough was named for its location atop the New Jersey Palisades. Geography According to the United States Census Bureau, the borough had a total area of 1.276 square miles (3.304 km2), including 1.251 square miles (3.241 km2) of land and 0.025 square miles (0.064 km2) of water (1.93%). 2010 Census As of the 2010 United States Census, there were 19,622 people, 6,934 households, and 5,020 families residing in the borough. The population density was 15,681.6 per square mile (6,054.7/km2). There were 7,362 housing units at an average density of 5,883.6 per square mile (2,271.7/km2). The racial makeup of the borough was 28.90% (5,670) White, 1.96% (385) Black or African American, 0.31% (60) Native American, 57.84% (11,350) Asian, 0.05% (10) Pacific Islander, 9.00% (1,765) from other races, and 1.95% (382) from two or more races. Hispanic or Latino of any race were 18.22% (3,575) of the population. First Time On Market in 15+ Years! Prime opportunity for an investor to purchase a rare mixed-use industrial, retail, and office space.
- Property TypeOffice, Industrial
- Submarket
- Year Built1950
- Sale Price$1,988,888
- Total Building Size6,226RSF
- Total Acres0.32
- Building ClassB
- ZoningCOMMERCIAL
- Sale StatusAvailable
- Property ID1288771