Situated in the bustling Palisades Park, this restaurant is located on 322 Commercial Ave, in one of the most sought-after areas for dining, especially for Korean cuisine. Palisades Park is a vibrant hub known for its rich cultural diversity and flourishing restaurant scene. The area draws a steady flow of both local residents and visitors, thanks to its proximity to major highways and easy access to New York City. The location is surrounded by thriving businesses and residential neighborhoods, ensuring consistent foot traffic and a strong customer base. This prime spot offers excellent visibility and accessibility, making it ideal for a restaurant business.
Rare opportunity for a very popular KARAOKE BUSINESS with strong income hits the market. This prime business offers approx. 5,000 SQFT space for 10 private karaoke rooms with a fully equipped state of the art karaoke machines and sounds in addition to a full bar and kitchen. This business is available not only for a chill night out with friends but also private rooms for large parties such as corporate events, company parties, Bachelor / Bachelorette party, Birthday party or any other events. The business has opened in 2019 and run strongly building up very good reputation to have 4.9 Google rate with almost 1,300 reviews. A liquor license is included.
Well established and thriving restaurant business located at the heart of Palisades Park on Broad Ave. With nothing but superb reviews on all platforms (Google, Yelp, Instagram), this business has anchored itself as one of the town's go-to spots with its loyal customers in place. Business is operated in a 1,400 sq ft space with a 400 sq ft basement for storage. Plenty of time left on the current lease with an option available as well. Don't miss out on lucrative restaurant business.
Well established grocery market/deli in the heart of Palisades Park on Broad Ave. This mart and deli is a staple of Palisades Park downtown offering all things from quick convenience to full grocery shopping options. Place of business operation offers 2,000 square feet on the main floor along with a 2,000 square feet basement. The space also offers a full kitchen with ventilation hood system and refrigeration system already installed. Tremendous amounts of daily traffic with commuters and local residents passing by constantly.
Korean traditional restaurant business for sale in Palisades Park, New Jersey.
One of famous Korean restaurants BAPDODUK on Broad ave. relatively small size space, but steady sales volume and lucrative profit. offering variety of attractive Korean dishes including famous soy sauce marinated crab, spicy stir fried pork, and braised fish dishes and others. Annual sales in 2023 year : $ 1.134 mill, Net profit : around $ 350k.
The median home value in Palisades Park, NJ is $930,000. This is higher than the county median home value of $607,200. The national median home value is $338,100. The average price of homes sold in Palisades Park, NJ is $930,000. Approximately 36.2% of Palisades Park homes are owned, compared to 60.77% rented, while 3.03% are vacant. Palisades Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palisades Park real estate agent to arrange a tour today!
Palisades Park, New Jersey has a population of 20,291. Palisades Park is less family-centric than the surrounding county with 22.24% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Palisades Park, New Jersey is $76,297. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Palisades Park is 40.9 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 48.8 inches per year, with 26.1 inches of snow per year.