Listing Agency: Weichert Realtors, Tenafly-Cresskill l***@weichert.com Show Phone

Listed By: Lasanda Sheppy Show Phone

Source: Tarvinrealtors

Added: Mar 25 Changed: Jul 31 Last Checked: Aug 4 at 8:44AM

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Investment Insights

Based on property information with market context.

Conventional restaurant property located at 702-704 29th Street in Paterson, New Jersey 07504.

Key Highlights

• Conventional restaurant property at 702‑704 29th Street, Paterson, NJ 07504

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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,603

Businesses Nearby

116k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Shops & Services 49%

McDonald's Dining

17,885 visits/mo 0.4 miles

Burger King Dining

15,932 visits/mo 0.4 miles

Dunkin' Donuts Dining

15,469 visits/mo 0.3 miles

7-Eleven Shops & Services

13,066 visits/mo 0.4 miles

Bank of America Shops & Services

11,838 visits/mo 0.4 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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property at 702-704 29th Street in Paterson, New Jersey.

Where is this conventional restaurant located?

The property is located at 702-704 29th Street Paterson, NJ.

What is the lease rate?

The lease rate is $680,000.

What are key features of this property?

This property features: Conventional restaurant property at 702‑704 29th Street, Paterson, NJ 07504