Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Prime Location Title is generated by Realmo AI

    698 Anderson, Cliffside Park, NJ 07010

    View on Map
    Claim this Listing
    For Lease
    $3,000/Mo $33 SF/Yr (calc)

    Retail space in a prime, high-traffic location.

    Type:Commercial
    Property size:
    1,075 SF
    Added:
    Aug 23, 2025
    Days on Market:
    281
    Last Refresh:
    Apr 5 at 11:25 pm

    Property Features for 698 Anderson

    General Information

    Standard status
    Active
    Size
    1,075 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    MAE HICKEY

    Listing agent MAE HICKEY

    Listing office COLDWELL BANKER, FORT LEE

    Listing date Aug 23, 2025

    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 COLDWELL BANKER, FORT LEE

    HighLights

    • Prime location on the busiest street of town.
    • Across the street from the newly developed town center.
    • Approximately 775 sqf. store plus approximately 300 sqf. storage area.
    • Suitable for any kind of retail business.
    • Hard wood store throughout.
    • Lease term available.

    Overview

    This commercial property offers a prime location on the busiest street in town, situated across from the newly developed town center. The space includes approximately 775 square feet of store area, complemented by an additional 300 square feet of storage space located behind the store. The store features hardwood flooring throughout. It is suitable for any kind of retail business. Lease terms include a two-month security deposit, a 4% escalation clause, and a requirement for a background check via an NTN report.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Golden City Restaurant Luxury Beauty by ... Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Sympathy Tributes — 784 Anderson Ave ste 1, Cliffside Park, NJ 07010
    • Cliff Park Florist — 784 Anderson Ave, Cliffside Park, NJ 07010
    • Wedded Events — 483 Bergen Blvd C, Ridgefield, NJ 07657

    Location Insight

    • Map
    • Local Demand
    City
    Cliffside Park
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.9863
    Latitude
    40.8284

    Nearby Similar for Lease

    • $4,600/Mo

      Cliffside Park Office Space Available

      1,500 SF office space for lease in Cliffside Park.
      596 ANDERSON AVE, Cliffside Park, NJ 01604
      View Details
    • $8,000/Mo
      4,000 SF

      Retail Space in Prime Location

      Versatile 4,000 sqft retail space suitable for various businesses.
      733 Anderson, Cliffside Park, NJ 07010
      View Details
    • $2,400/Mo
      975 SF

      Downtown Retail/Office Space with Parking

      Highly visible retail/office space in a prime downtown location.
      771 Anderson #1st floor, Cliffside Park, NJ 07010
      View Details
    • $4,850/Mo
      2,100 SF

      Medical/Professional Office Space Available

      2100 sq ft office with 6 rooms in Cliffside Park.
      574 Anderson Avenue, Cliffside Park, NJ, 07010
      View Details
    • $2,500/Mo

      Cliffside Park Open Space Studio

      Open space studio with reception, changing areas, and amenities.
      266 Palisade, Cliffside Park, NJ 07010
      View Details
    • $1,500/Mo

      Bright Office Space in Cliffside

      Office space in Cliffside Park, ideal for small business.
      722 Anderson #720, Cliffside Park, NJ 07010
      View Details
    • $3,362/Mo

      Cliffside Park Retail/Medical Space

      Prime retail or medical space in bustling Cliffside Park corridor.
      634 Anderson, Cliffside Park, NJ 07010
      View Details
    • $2,300/Mo

      Cliffside Park Office/Medical Space

      Second-floor commercial space suitable for office or medical use.
      696 Anderson #2, Cliffside Park, NJ 07010
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Available For Rent

      Single tenant retail space available, approximately 2,500 square feet.
      266 Palisade Ave, Cliffside Park, NJ 07010
      View Details
    • $3,300/Mo

      Commercial Condo with Covered Parking

      Commercial condo perfect for office or medical use with parking.
      555 Gorge #00GF, Cliffside Park, NJ 07010
      View Details
    • $1,300/Mo

      Prime Cliffside Park Retail/Office Space

      Office/retail space in a high-traffic, amenity-rich Cliffside Park location.
      574 Anderson #Side Suite Entr, Cliffside Park, NJ 07010
      View Details
    • $4,850/Mo

      Medical/Professional Office Space Available

      2100 sq ft office with 6 rooms for rent.
      574 Anderson #Street Level Su, Cliffside Park, NJ 07010
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail space in a prime, high-traffic location.
    Where is this storefront property located?
    The property is located at 698 Anderson Cliffside Park, NJ.
    What is the lease rate?
    The lease rate is $3,000 /Mo.
    What are key features of this property?
    This property features: Prime location on the busiest street of town.; Across the street from the newly developed town center.; Approximately 775 sqf. store plus approximately 300 sqf. storage area.
    (201) 461-5000
    We can help!
    Listing Contact
    MAE HICKEY
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    698 Anderson, Cliffside Park, NJ 07010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!