$5,300,000
123 Hidden Street,Palisades Park, NJ 07650
Current Property Type
Multi Family
Projected Resale Build Type
Multi Story Dev
Lot Size
2,500 ~ sqft
Dimensions
26 x 107 ft
Additional Information
Description
Seller is highly motivated and has tenants on month to month commercial leases and can deliver property vacant. Currently consists of 4 tenants however there are 6 commercial spaces and the property sits on a double lot. Property is best suited for a development opportunity given location and nearby buildings and size of lot. However structure is large to add upon and keep as commercial building.
Zoning
Commercial
Approval Status
Unapproved
Environment
Unknown
Vacant at Closing
TBD
Subject To
Open to discussion
Closing Timeframe
Flexible
Locations of builder purchases and new construction sales
Recent similar sized builder purchases in this area
Multi-unit opportunity — the projected build here is Multi Story Dev. Comp prices below are single-property sales.
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| Image | Address | Price | Type | Lot (sqft) | W x D (ft) | Parcel Shape | Purchase Date | Builder Names |
|---|---|---|---|---|---|---|---|---|
| 118 Union St, Palisades Park, NJ 07650Old compShallower | $3,400,000 | Commercial (General) | 5,001 | 50 x 100 | Jul 10, 2025 | Hlc Development LLC | ||
| 112 Union St, Palisades Park, NJ 07650Old compShallower | $3,400,000 | Commercial (General) | 7,501 | 75 x 100 | Jul 10, 2025 | Hlc Development LLC | ||
| 550 Bergen Blvd, Palisades Park, NJ 07650Old comp | $3,400,000 | Vacant Land | 13,992 | 126 x 119 | Apr 23, 2025 | Anna C. Choivia 550 Bergen LLC | ||
| 133 Broad Ave, Palisades Park, NJ 07650Old comp | $4,500,000 | Commercial (General) | 6,299 | 45 x 140 | Jul 31, 2024 | 256 Hm LLC |
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