Renovated Mixed-Use
For Lease
$3,200,000
340 Paterson Avenue, East Rutherford, NJ 07073
Mixed-use property combining an operating Japanese restaurant, residential apartment, finished basement, and supplemental parking.
Space SizeContact for details
Property Size7,408 SF
Lot Size0.10 Acres
Days on Market9
Property Features for 340 Paterson Avenue
General Information
Standard status
Active
Size
7,408 SF
Lot size
0.10 Acres
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$27,485
Building Details
Year Renovated
2019
Building Size
7,408 SF
Listing Agency:
RE/MAX NOW - Palisades Park
Listed By:
Seong E. Kim
(201) 320-2377
Source:
Drostrealtygroup
Added: Sep 11
Changed: Sep 17
Last Checked: Sep 18 at 1:25PM
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 RE/MAX NOW - Palisades Park
Investment Insights
Based on property information with market context.
This mixed-use property includes a Japanese restaurant on the first floor and a two-bedroom, two-bath apartment above. The building contains 7,408 square feet on a 4,160-square-foot lot, with a finished basement providing additional interior space. Renovations were completed in 2016 and 2019.
The property also includes a separate parking lot at 323 Paterson Avenue, providing 37 spaces or capacity for up to 70 vehicles with valet service. The offering includes both the building and the restaurant business. A liquor license is available separately, and showings are scheduled by appointment.
The property also includes a separate parking lot at 323 Paterson Avenue, providing 37 spaces or capacity for up to 70 vehicles with valet service. The offering includes both the building and the restaurant business. A liquor license is available separately, and showings are scheduled by appointment.
Key Highlights
- 7,408‑square‑foot mixed‑use building on a 4,160‑square‑foot lot
- First‑floor Japanese restaurant with a 2BR/2BA apartment on the second floor
- Finished basement adds usable interior space
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
67k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Groceries 33%
Dining 14%
Home Improvements & Furnishings 2%
Food Bazaar Supermarket
Groceries
22,014 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,986 visits/mo
0.4 miles
Taco Bell
Dining
6,970 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,823 visits/mo
0.3 miles
Chase Bank
Shops & Services
4,367 visits/mo
0.4 miles
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property combining an operating Japanese restaurant, residential apartment, finished basement, and supplemental parking.
Where is this mixed-use property located?
The property is located at 340 Paterson Avenue East Rutherford, NJ.
What is the lease rate?
The lease rate is $3,200,000.
What are key features of this property?
This property features: 7,408‑square‑foot mixed‑use building on a 4,160‑square‑foot lot; First‑floor Japanese restaurant with a 2BR/2BA apartment on the second floor; Finished basement adds usable interior space
