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$2,250,000 -$150,000 (-6.25%) Price Reduced
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Property Description
Exceptional opportunity in the heart of Westwood's thriving downtown district. This well-positioned property offers a flexible, income-generating layout suitable for both investors and owner-occupants. The first level features an established hair studio with strong street exposure and consistent foot traffic. The upper levels include an office and a residential apartment, offering versatile use options for rental income, live/work arrangements, or expanded business operations. At the rear of the property, a three-bay garage adds further value and is currently utilized for additional income, enhancing overall cash flow potential. Ideally situated near local shops, dining, and NJ Transit, the property offers excellent accessibility and strong long-term growth prospects within desirable Bergen County. A rare chance to acquire a well-located asset with multiple income streams and significant upside potential.
Full Property Details
Full Property Details for 583 Broadway
General
- Price: $2,250,000
- Taxes: $20,299 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4022171
- Updated: 10/13/2026
- Added to Site: 176 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 5
Additional Information
- Equipment: Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector, Sprinkler System, Storage Area(s)
Parking
- Parking: Parking Lot-Exclusive
Location
- County: Bergen
- Driving Directions: 583 Broadway, Westwood, NJ
- Location Details: Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window A/C(s)
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Construction: Formed Concrete
- Exterior Const.: Concrete
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 20
- Door Dimensions: 16
- Bays: 3
- Stories in Building: 3
- Square Feet: 13,700
- Aprox. Leasable: 13,700 Sq. Ft.
- Office: 13,700 Sq. Ft.
- Year Built: 1908
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 50X150 2.0LT
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $197
- Assessment Amount: $982,400
- Land Assmt: $262,500
- Tax Amount: $20,299
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 1167-00802-0000-00006-0000-
- Block: 802
- Lot Number: 6
Listed by Realty One Group Paramount
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Schools
Schools serving 583 Broadway
School District:Westwood Regional School District
| Name | Grades | Distance |
|---|---|---|
Berkeley Avenue Elementary School 47 Berkeley Avenue, Westwood, NJ 07675 | K-5 | 0.5 mi |
Jessie F George Elementary School 1 Palm Street, Township of Washington, NJ 07676 | K-5 | 0.9 mi |
Brookside Elementary School, Westwood, NJ 20 Lake Drive, Westwood, NJ 07675 | K-5 | 0.9 mi |
Westwood Regional Middle School 23 3rd Avenue, Westwood, NJ 07675 | 6-7 | 0.6 mi |
Washington Elementary School, Township of Washington, NJ 600 School Street, Township of Washington, NJ 07676 | K-5 | 1.6 mi |
Westwood Junior Senior High School 701 Ridgewood Road, Township of Washington, NJ 07676 | PK-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 583 Broadway
Date
Details
Price
Change
Source
10/13/2026
Price Reduced
$2,250,000
-6.25%
MLS
8/06/2026
Price Reduced
$2,400,000
-11.11%
MLS
4/21/2026
Listed
$2,700,000
170%
MLS
3/06/2014
Sold
$1,000,000
—
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 583 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,299
—
$982,400
5%
2024
$20,287
-2%
$938,900
7%
2022
$20,656
3%
$876,500
2%
2021
$19,964
—
$857,800
8%
2021
$19,964
—
$795,700
-1%
2021
$19,964
8%
$802,400
8%
2018
$18,528
2%
$746,200
3%
2017
$18,138
6%
$722,900
11%
2016
$17,181
-13%
$654,000
-16%
2019
$19,679
18%
$780,900
19%
2015
$16,638
49%
$654,000
—
2013
$11,162
—
$654,000
44%
2013
$11,162
—
$453,200
—
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 583 Broadway
583 Broadway, Westwood, NJ 07675 (MLS# 4022171) is a Retail property. 583 Broadway is currently listed for $2,250,000 and was received on April 21, 2026. Want to learn more about 583 Broadway? Do you have questions about finding other Retail real estate for sale in Westwood? You can browse all Westwood real estate or contact a Coldwell Banker agent to request more information.

