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Renovated Mixed-Use Property
New
For Sale
$1,150,000

516 Anderson Ave, Cliffside Park, NJ 07010

Combines a renovated restaurant with a two-bedroom residential unit and separately metered spaces.

Property SizeContact for details
Days on Market7

Property Features for 516 Anderson Ave

General Information

Standard status Active
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR with den
Multifamily Units 1

Amenities

basement storage

Building Details

Tenancy Multi
Listing Agency: Royal Signature Realty, LLC
Listed By: Branko Lambasa ()
Source: Fortuneluxuryrealty
Added: Aug 23 Changed: Aug 28 Last Checked: Aug 28 at 11:26AM

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 Royal Signature Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines a recently renovated restaurant of approximately 2,500 square feet with a residential apartment. The restaurant includes a high-ceiling basement with full walk-out access for storage. The apartment contains two bedrooms, a den, a generously sized living area, and hardwood flooring throughout. A roof replacement was completed 2 years ago, and the units are separately metered.

The property is located at 516 Anderson Ave in Cliffside Park, near River Road and Edgewater. Its downtown business-district setting provides access to the PATH, George Washington Bridge, and NJ Transit. The combination of restaurant and residential components creates a varied physical configuration within one mixed-use asset.

Key Highlights

  • Recently renovated restaurant measuring approximately 2,500 square feet
  • Two‑bedroom residential unit with den, living area, and hardwood flooring
  • High‑ceiling basement with storage capacity and full walk‑out access

Property Analytics

Current Use

Zettas Arepas Bistro Restaurant Botas monterrey el ... Clothing & Fashion Store

Suggested Use

Top Pick Tattoo & Piercing Shop Nursing Home (Bike/Boat/Book/etc) Store Storage Facility Law Firm Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,439
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 53% Shops & Services 24% Dining 15% Home Improvements & Furnishings 5%
Food Bazaar Supermarket Groceries
57,157 visits/mo 0.2 miles
Chase Bank Shops & Services
10,248 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,513 visits/mo 0.2 miles
7-Eleven Shops & Services
6,865 visits/mo 0.3 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
4,932 visits/mo 0.2 miles

Demographics for 07010, NJ

25,721
Population
11,223
Households
2.3
Avg Household Size
42
Median Age
42%
College-Educated
86%
High-School Grad
1.0 sq mi
ZIP Area
25,721
Density / Sq Mi
$94,960
Median Household Income
$55,625
Median Earnings
$1,783
Median Rent
$577,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines a renovated restaurant with a two-bedroom residential unit and separately metered spaces.
Where is this mixed-use property located?
The property is located at 516 Anderson Ave Cliffside Park, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Recently renovated restaurant measuring approximately 2,500 square feet; Two‑bedroom residential unit with den, living area, and hardwood flooring; High‑ceiling basement with storage capacity and full walk‑out access
More about this property
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