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Renovated Downtown Mixed-Use Property
For Lease
$1,150,000

516 Anderson Avenue, Cliffside Park, NJ 07010

Renovated retail space with restaurant use accompanies a separately metered residential unit near downtown transportation connections.

Space SizeContact for details
Days on Market67

Property Features for 516 Anderson Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Space Use Restaurant
Highway Access Yes

Taxes and HOA fees

Annual Taxes $8,797
Listing Agency: Royal Signature Realty, LLC
Listed By: Mirjana Lambasa
Source: Serhant
Added: Jun 5 Changed: Aug 9 Last Checked: Aug 9 at 9:24AM

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 renovated retail component with an established restaurant and a residential apartment. The commercial portion includes a high-ceiling basement used for storage, an additional bathroom, and full walk-out access; the retail area and basement total approximately 2500 sq ft. The apartment is approximately 1,000 sq. ft. and includes two bedrooms, a den, a living area, and hardwood flooring. Commercial and residential units are separately metered.

The property is located in the downtown business district near River Road, the PATH, the GWB, and NJ Transit. Its address is 516 Anderson Avenue in Cliffside Park, New Jersey.

Key Highlights

  • Renovated retail space with an established restaurant
  • Retail area and basement total approx. 2500 sq ft
  • High‑ceiling basement provides storage, an additional bathroom, 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,566
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 45% Shops & Services 24% Dining 22% Home Improvements & Furnishings 4%
Food Bazaar Supermarket Groceries
57,157 visits/mo 0.4 miles
Burger King Dining
11,472 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,513 visits/mo 0.4 miles
Exxon Shops & Services
7,557 visits/mo 0.5 miles
TD Bank Shops & Services
6,893 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated retail space with restaurant use accompanies a separately metered residential unit near downtown transportation connections.
Where is this mixed-use property located?
The property is located at 516 Anderson Avenue Cliffside Park, NJ.
What is the lease rate?
The lease rate is $1,150,000.
What are key features of this property?
This property features: Renovated retail space with an established restaurant; Retail area and basement total approx. 2500 sq ft; High‑ceiling basement provides storage, an additional bathroom, and full walk‑out access
More about this property
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