Renovated Mixed-Use Bar
For Lease
$525,000
541 Union Avenue 2, Paterson, NJ 07522
Two-level property combines a fully equipped bar and entertainment venue with a residential apartment and unfinished basement.
Space SizeContact for details
Days on Market178
Property Features for 541 Union Avenue 2
General Information
Standard status
Active
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$10,000
Building Details
Year Renovated
2023
Listing Agency:
Century 21 JR Gold Team Realty, LLC
(201) 913-4438
Listed By:
Johnny Rojas · License #0017014
(201) 913-4438
Source:
Tarvinrealtors
Added: Feb 18
Changed: Aug 15
Last Checked: Aug 15 at 4:28AM
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 Century 21 JR Gold Team Realty, LLC
Investment Insights
Based on property information with market context.
Renovated in 2023, this mixed-use property combines an entertainment-focused first floor with a residential second level. The ground-floor operation includes a bar, karaoke and sports components, along with refrigeration equipment, glass-door back-bar coolers, a bottle cooler, ice machine, sinks, ice bins, glasswasher, soda systems, granite countertops, furnishings and extensive audio-visual equipment. The upper level contains two bedrooms, a living room, kitchen and full bath, while the unfinished basement provides additional space and a half bath.
Property improvements include hardwood flooring, crown molding, LED and recessed lighting, Ethernet and HDMI wiring, 13 Samsung Smart TVs, two JBL speakers, 10 in-ceiling speakers, a SONOS system, an EPSON projector and a 120-foot electric screen. The property is located at 541 Union Avenue in Paterson, near the city center.
Property improvements include hardwood flooring, crown molding, LED and recessed lighting, Ethernet and HDMI wiring, 13 Samsung Smart TVs, two JBL speakers, 10 in-ceiling speakers, a SONOS system, an EPSON projector and a 120-foot electric screen. The property is located at 541 Union Avenue in Paterson, near the city center.
Key Highlights
- Renovated in 2023 with mixed‑use configuration
- First‑floor bar, karaoke and sports entertainment setup
- Second floor includes 2 bedrooms, living room, kitchen and full bath
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 37%
Home Improvements & Furnishings 8%
Electronics 2%
Dollar Tree
Shops & Services
17,775 visits/mo
0.5 miles
Family Dollar
Shops & Services
12,242 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,207 visits/mo
0.4 miles
Checkers
Dining
8,796 visits/mo
0.0 miles
Burger King
Dining
7,341 visits/mo
0.4 miles
Demographics for 07522, NJ
23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines a fully equipped bar and entertainment venue with a residential apartment and unfinished basement.
Where is this mixed-use property located?
The property is located at 541 Union Avenue 2 Paterson, NJ.
What is the lease rate?
The lease rate is $525,000.
What are key features of this property?
This property features: Renovated in 2023 with mixed‑use configuration; First‑floor bar, karaoke and sports entertainment setup; Second floor includes 2 bedrooms, living room, kitchen and full bath
