Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    555 Anderson Ave Cliffside Park, NJ 07010

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,080,000

    Two-level mixed-use building with restaurant and apartment in downtown.

    Property Features for 555 Anderson Ave

    General Information

    Standard status
    Active

    Source: REALTY 7, LLC Agent VINCENT LEE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Restaurant

    Located in the business district of downtown, this two-level mixed-use building presents an investment opportunity. The first floor features a restaurant space of approximately 1,650 square feet. The second floor contains a 2-bedroom apartment of approximately 1,100 square feet, which includes a private deck at the rear. The gross yearly rental income is $87,000, derived from $5,500 per month from the restaurant and $1,750 per month from the apartment. Annual expenses total $13,263, resulting in a 6.8% capitalization rate. Tenants are responsible for all utilities, including heating, gas, electricity, and water. The roof was replaced 3 years ago. The restaurant can be delivered vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hakki Baba Turkish ... Turkish Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cliffside Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9895176
    Latitude
    40.8233479

    Nearby Similar for Sale

    • $2,595,000

      Mixed-Use Building in Cliffside Park

      Modern mixed-use building with retail and apartments in downtown Cliffside Park.
      733 Anderson Ave, Cliffside Park, NJ 07010
      View Details
    • $868,000

      Cliffside Park Duplex-Style Brick Home

      Custom-built duplex in Cliffside Park with modern amenities and spacious yard.
      764 Jefferson Ave, Cliffside Park, NJ 07010
      View Details
    • $768,000

      Luxury Apartment with River Views

      Two-bedroom apartment with views and luxury amenities.
      100 Carlyle Dr 9L-N, Cliffside Park, NJ 07010
      View Details
    • $685,000

      Spacious 3-Bedroom Flex Apartment

      Spacious 1,805 sq. ft. apartment with resort-style amenities.
      300 Winston Dr, Cliffside Park, NJ 07010
      View Details
    • $479,999

      Luxury Apartment with NYC Views

      Rare 3-bedroom apartment with terrace and NYC views.
      250 Gorge 14J, Cliffside Park, NJ 07010
      View Details
    • $665,000

      Spacious 3-Bedroom Flex Apartment

      Versatile 1,805 sq ft apartment with resort-style amenities.
      300 Winston 1822, Cliffside Park, NJ 07010
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-level mixed-use building with restaurant and apartment in downtown.
    Where is this mixed-use property located?
    The property is located at 555 Anderson Ave Cliffside Park, NJ.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: - High-yield investment opportunity with an attractive 6.8% capitalization rate.; - Mixed-use building featuring a restaurant and a comfortable 2-bedroom apartment.; - Located in the desirable downtown business district.
    (201) 292-7777
    Request Owner's contact information
    555 Anderson Ave Cliffside Park, NJ 07010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    555 Anderson Ave
    Cliffside Park, NJ 07010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    555 Anderson Ave Cliffside Park, NJ 07010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.