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$2,750,000
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Property Description
Very well-maintained office building in commercial/Residential zoned , located in the heart of downtown, is a popular SAT and after-school academy that has operated for over 30 years. The renovated 8,800-square-foot building features a sprinkler system, a ground-floor reception area, and over 10 large and small rooms with separate male and female restrooms. The second floor offers over 10 private study spaces, separate male and female bathrooms, and a 1 Bedroom apartment. This building is ideally located for a variety of uses, including academy use, after-school programs, daycare, offices, and church education centers. The library, public transportation, shopping, restaurants, City Hall, the police station, and NYC bus stops are all within a one-minute walk.
Full Property Details
Full Property Details for 261 1st St
General
- Price: $2,750,000
- Taxes: $30,450
- Status: Active
- Type: Office
- Source: NJMLS
- MLS ID: 25040403
- Updated: 1/8/2026
- Added to Site: 67 day(s) ago
Rental Information
- Rent Includes: None
Location
- Area: Palisades Park
- County: BERGEN
Heating & Cooling
- Heating Type: Baseboard, Central Air, Gas
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Water, Seperate Heat
Structural Information
- Architectural Style: Office
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $30,450
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed by Realty 7, LLC (201) 292-7777, Eunice Kim (201) 600-5515
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Schools
Schools serving 261 1st St
School District:Palisades Park School District
| Name | Grades | Distance |
|---|---|---|
Cr Smith Early Child Center 270 1st Street, Palisades Park, NJ 07650 | PK-K | 0 mi |
Lindbergh Elementary School 401 Glen Avenue, Palisades Park, NJ 07650 | 1-6 | 0.3 mi |
Palisades Park Jr Sr High School Veterans Plaza, Palisades Park, NJ 07650 | 7-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 261 1st St
Date
Details
Price
Change
Source
11/13/2025
Listed
$2,750,000
48.65%
MLS
11/20/2006
Sold
$1,850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 261 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$33,338
3%
$2,338,700
8%
2022
$32,231
—
$2,164,900
3%
2021
$32,282
—
$2,094,300
3%
2021
$32,282
—
$2,038,000
-3%
2021
$32,282
-1%
$2,090,600
31%
2019
$32,512
3%
$1,600,000
—
2018
$31,664
1%
$1,600,000
—
2017
$31,344
3%
$1,600,000
—
2016
$30,416
2%
$1,600,000
—
2015
$29,776
4%
$1,600,000
—
2013
$28,544
—
$1,600,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 261 1st St
261 1st Street, Palisades Park, NJ 07650 (MLS# 25040403) is a Office property. 261 1st Street is currently listed for $2,750,000 and was received on November 13, 2025. Want to learn more about 261 1st Street? Do you have questions about finding other Office real estate for sale in Palisades Park? You can browse all Palisades Park real estate or contact a Coldwell Banker agent to request more information.

