Mixed-Use Corner
For Sale
Contact for pricing
Pending
1 Hoboken Rd, East Rutherford, NJ 07073
Includes a fully renovated restaurant, multiple leased units, and additional vacant space within a corner mixed-use building.
Property Size18,000 SF
Days on Market142
Property Features for 1 Hoboken Rd
General Information
Standard status
Pending
Size
18,000 SF
Property subtype
Retail, Multifamily, Office, Mixed Use
Additional Details
Business Included
Yes
Multifamily Units
1
Building Details
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Skyline Real Estate Partners
Listed By:
Jon Cohen · License #NJ 1329209
Source:
Crexi
Added: Apr 12
Changed: Aug 26
Last Checked: Aug 29 at 2:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skyline Real Estate Partners
Investment Insights
Based on property information with market context.
This mixed-use building totals 18,000+/- square feet and is configured with multiple income-producing units plus vacancy. Unit 1 is a 10,000 sf restaurant space that was fully renovated in 2018 and is currently owned and operated by the seller. Unit 2 is 2,600 sf leased to Rutherford Appliance Center. Unit 3 is 1,200 sf leased to Red Kettle Coffee House. Unit 4 is 1,500 sf and is currently vacant (previous rent was $2,500/mo with 3% annual increases). Unit 5 is 1,200–1,500 sf, formerly a dentist office, and is currently vacant and being marketed by a leasing broker. The property also includes an apartment (2 bed, 1 bath) with rent currently in finishing lease negotiations for $1,750/mo.
Located on the corner of Route 17 and Paterson Plank Road.
Leasing and rent terms reported in the listing include Unit 2 at $5,000/mo with 3% annual increases (lease term 4/1/19–3/31/24, with a 1–5 year renewal option), and Unit 3 at $2,334/mo with 3% annual increases (lease term 4/1/19–3/31/21, with a 1–5 year renewal option). Unit 1 could be leased for $20/sf or sold, with leasing options being explored.
Located on the corner of Route 17 and Paterson Plank Road.
Leasing and rent terms reported in the listing include Unit 2 at $5,000/mo with 3% annual increases (lease term 4/1/19–3/31/24, with a 1–5 year renewal option), and Unit 3 at $2,334/mo with 3% annual increases (lease term 4/1/19–3/31/21, with a 1–5 year renewal option). Unit 1 could be leased for $20/sf or sold, with leasing options being explored.
Key Highlights
- Corner mixed‑use building with 18,000+/- SF total on Route 17 and Paterson Plank Road
- 10,000 SF restaurant fully renovated in 2018; currently owned and operated by the seller
- Restaurant unit could be leased for $20/SF or sold; seller is working on leasing options
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,378
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07073, NJ
10,022
Population
4,325
Households
2.3
Avg Household Size
38
Median Age
45%
College-Educated
88%
High-School Grad
3.7 sq mi
ZIP Area
2,709
Density / Sq Mi
$91,789
Median Household Income
$59,221
Median Earnings
$1,867
Median Rent
$453,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- Flaming Grill & Supreme Buffet — 53 NJ-17, East Rutherford, NJ 07073
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a fully renovated restaurant, multiple leased units, and additional vacant space within a corner mixed-use building.
Where is this conventional restaurant located?
The property is located at 1 Hoboken Rd East Rutherford, NJ.
What are key features of this property?
This property features: Corner mixed‑use building with 18,000+/- SF total on Route 17 and Paterson Plank Road; 10,000 SF restaurant fully renovated in 2018; currently owned and operated by the seller; Restaurant unit could be leased for $20/SF or sold; seller is working on leasing options
