Commercial space For Sale in Bogota, NJ
 

MLS# : 24026412

Street : 316 Palisade Avenue
Price : $789,000
Town : Bogota, NJ 07603
Annual Taxes : $12,839

PROPERTY DETAILS

Use : Retail
Type : Free Standing
Utilities : Sep Elec, Sep Gas
Heat/Cool : Baseboard, Gas
Waterfront : None

PROPERTY DESCRIPTION

Rare opportunity to acquire a mixed-use property on Palisades Ave in Bogota, NJ! This corner property offers prime visibility, located across from Leonia Overpeck Park and near express bus service to New York. The ground floor features a fully renovated retail space with a modern kitchen, plus a 1,300 sq ft garage/warehouse/storage area perfect for commercial use or additional business space. Upstairs, a spacious 3-bedroom apartment provides an ideal live-work setup. The entire property has been newly updated with a modern exterior and completely renovated interior. Zoning allows for commercial vehicle parking in the driveway, adding convenience for business operations. With a major bank across the street and high traffic from schools and park visitors, this property is an exceptional investment opportunity that blends residential and commercial potential in one prime location.

Amenities

This listing is a courtesy of RE/MAX Now
(201) 891-8000 office, listing agent Esther Kang

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Bogota, NJ Real Estate Market

Unlike the capital city of Colombia with a similar sounding name, Bogota in New Jersey, the United States of America is a small borough. Founded in 1894 from the portions of Ridgefield Township during the Boroughitis movement in Bergen County, Bogota is one of the oldest boroughs in the region. Around 8,500 people are currently residing in the small town of Bogota, with a few homes for sale as a part of Bergen County real estate.

The credit behind the name of Bogota goes to the Bogert family, which was the first European family to come and settle in the region, thus forming a base of Bergen County real estate in this town. This small town is located on the eastern bank of Hackensack River and is spread in 0.8 square miles. It is surrounded by three other boroughs from all four sides – Teaneck on the Northern and Eastern sides, Hackensack on the Western side and Ridgefield Park on the Southern side.

The entire town of Bogota is divided into two parts – Eastern Bogota and Western Bogota - by the CSX River Line running in the middle of the borough. While Eastern Bogota is commercialized with industries and busy roads, Western Bogota comprises suburban colonies and quaint lanes like West Main Street, River Road and West Fort Lee Road.

While the New Jersey Transit bus service connects Bogota to four other towns via road network, the passenger rail service in the borough ended back in 1966.
Population:  8,187
Total Housing Units:  2,888
Single Family Homes:  2,023
General Tax Rate (2023):  4.294%
Effective Tax Rate (2023):  2.567%
Compare To Other Towns

Bogota Market Indicators

PRICE INDEX

Average Price* (12mo):  $566,439
Homes Sold* (12mo):  56
PRICE INDEX
SINGLE FAMILY HOME SALES

Bogota, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  4.294%
Effective Tax Rate (2023):  2.567%
GENRAL TAX RATE - Bogota, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/22/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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