Weiss Realty Closes $1.65M Palisades Park Retail Property Sale

NEW JERSEY—Weiss Realty has completed the sale of 257 Broad Avenue in Palisades Park, which consists of three retail units and two apartments on behalf of an investment client. The property was sold for $1.65 million.

“What was unusual about this property,” said Jaime Weiss, president of Moonachie-based Weiss Realty, “was not only its prime location in the township’s highly coveted retail zone but it includes parking space which is at a premium in this busy area.”

The new ownership has plans to make improvements to the property.

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