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$400,000 Just Listed
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Property Description
Rare opportunity to acquire Bang Ga Nae, one of New Jersey's longest-established and most respected Korean restaurants, renowned for its authentic recipes, premium-quality cuisine, and exceptional reputation throughout Bergen County. Consistently generating strong sales and supported by a loyal customer base, this turnkey business offers immediate income with tremendous upside for future growth. Strategically located in a freestanding building on bustling Broad Avenue, the restaurant enjoys unmatched visibility, heavy daily traffic, and outstanding exposure to both local residents and commuters. Ample private on-site parking provides added convenience for customers, making this an ideal destination dining location. The current owner is committed to ensuring a seamless transition by providing comprehensive training, including recipes, cooking techniques, and operational expertise, allowing the new owner to confidently continue the restaurant's long-standing success and exceptional quality. Whether you're an experienced restaurateur or an ambitious entrepreneur, this is a rare chance to own a highly profitable, well-established business with an outstanding reputation, proven performance, and significant potential to expand through catering, delivery, marketing, or additional operating hours. Don't miss this exceptional investment opportunity.
Full Property Details
Full Property Details for 518 Broad Ave
General
- Price: $400,000
- Status: Active
- Type: Business
- Source: NJMLS
- MLS ID: 26029260
- Updated: 8/4/2026
- Added to Site: 2 day(s) ago
Location
- Area: Ridgefield
- County: BERGEN
Heating & Cooling
- Heating Type: Central Air, Gas
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water
Structural Information
- Architectural Style: Service/Food
- Description/Design: Restaur
- Basement Desc.: Full
Listed by RE/MAX NOW - Palisades Park (201) 891-8000, Kay Suh (201) 852-0107
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Price & Sales History for 518 Broad Ave
Date
Details
Price
Change
Source
8/04/2026
Listed
$400,000
-68%
MLS
8/11/2022
Sold
$1,250,000
—
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 518 Broad Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,216
2%
$1,035,900
2%
2024
$16,921
3%
$1,016,300
2%
2023
$16,454
20%
$998,900
2%
2022
$13,658
-30%
$983,500
22%
2021
$19,638
—
$805,800
6%
2021
$19,638
7%
$758,800
—
2018
$18,340
4%
$758,800
—
2017
$17,634
-6%
$758,800
—
2019
$18,818
11%
$758,800
—
2016
$16,982
3%
$758,800
—
2015
$16,443
5%
$758,800
—
2013
$15,730
—
$758,800
—
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 518 Broad Ave
518 Broad Avenue, Ridgefield, NJ 07657 (MLS# 26029260) is a Business property. 518 Broad Avenue is currently listed for $400,000 and was received on August 04, 2026. Want to learn more about 518 Broad Avenue? Do you have questions about finding other Business real estate for sale in Ridgefield? You can browse all Ridgefield real estate or contact a Coldwell Banker agent to request more information.

