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Downtown Mixed-Use Investment Opportunity

555 Anderson Cliffside Park, NJ 07010

555 Anderson, Cliffside Park, NJ, 07010
$1,035,000
For Sale
Claim this Listing
$1,035,000

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

Property Size2,750 SF
Price / SF$376.36
AddedFeb 14
Days on Market151
Last RefreshApr 5 at 9:03 pm

Property Features for 555 Anderson

General Information

Standard status
Active
Size
2,750 SF
Property subtype
Commercial

Listing office REALTY 7, LLC

Listing date Feb 14, 2026

Source Corcoran

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 REALTY 7, LLC


Investment Insights

Based on property information with market context.

This two-level mixed-use building is located in the heart of the downtown business district. The first floor features a restaurant space of approximately 1,650 square feet. The second floor includes a 2-bedroom apartment of approximately 1,100 square feet with a private rear deck. The gross annual income is $87,000, derived from monthly rents of $5,500 and $1,750. Operating expenses amount to $13,263. The cap rate is 7.12%. Tenants are responsible for all utilities, including heating, gas, electric, and water. The roof was replaced 3 years ago. The restaurant space can be delivered vacant upon closing. This property presents an investment or owner-user opportunity.

Key Highlights

  • Prime downtown location in the heart of the business district.
  • Strong gross annual income of $87,000.
  • Attractive cap rate of 7.12%.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.4k $21.60
− Vacancy −$3.3k −$1.21
EGI $56.1k $20.39
− OpEx −$14.0k −$5.10
NOI $42.1k $15.29
2,750 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$600.8K
$525.7K – $700.9K (±1% cap)
NOI $42,055 @ 7.0% cap · market cap 4.06%
Second Best
Mixed Use
$548.0K
$479.5K – $639.4K (±1% cap)
NOI $38,363 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$718.1K
$628.3K – $837.8K (±1% cap)
NOI $50,266 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hakki Baba Turkish ... Restaurant

Suggested Use

Tattoo & Piercing Shop Nursing Home (Bike/Boat/Book/etc) Store Daycare Center Nursing Home Storage Facility Law Firm Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service

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

FAQs

What type of property is this?
Mixed-use property - Two-level mixed-use building with restaurant and apartment in prime location.
Where is this mixed-use property located?
The property is located at 555 Anderson Cliffside Park, NJ.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: Prime downtown location in the heart of the business district.; Strong gross annual income of $87,000.; Attractive cap rate of 7.12%.
Contact an agent
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