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Restaurant For Sale, Paterson, NJ
For Sale
$680,000

702-704 29th, Paterson, NJ 07504

Restaurant for sale with expansion and redevelopment potential.

Property SizeContact for details
Days on Market148

Property Features for 702-704 29th

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,268

Amenities

Gas Heating
Listing Agency: WEICHERT REALTORS, TENAFLY-CRESSKILL
Listed By: LASANDA SHEPPY
Source: Corcoran
Added: Mar 27 Changed: Aug 20 Last Checked: Aug 20 at 4:36AM

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 WEICHERT REALTORS, TENAFLY-CRESSKILL

Investment Insights

Based on property information with market context.

This commercial real estate offering features a restaurant for sale, presenting opportunities for expansion and redevelopment. Located in Paterson, NJ, the property is suitable for conventional restaurant use.

Key Highlights

  • Restaurant for sale
  • Great potential for expansion
  • Potential for redevelopment

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center Garden Center Veterinary Clinic Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,921
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Groceries 30% Dining 11% Home Improvements & Furnishings 2%
BP Shops & Services
20,975 visits/mo 0.5 miles
C-Town Supermarkets Groceries
15,722 visits/mo 0.3 miles
Shell Shops & Services
13,775 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,193 visits/mo 0.3 miles
Universal Food Markets Groceries
5,671 visits/mo 0.5 miles

Demographics for 07504, NJ

13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant for sale with expansion and redevelopment potential.
Where is this conventional restaurant located?
The property is located at 702-704 29th Paterson, NJ.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Restaurant for sale; Great potential for expansion; Potential for redevelopment
More about this property
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