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Restaurant for Sale
For Sale
$698,000

702 E 29Th St, Paterson, NJ 07504

Restaurant for sale with expansion and redevelopment potential.

Property Size7,500 SF
Days on Market104

Property Features for 702 E 29Th St

General Information

Standard status Active
Size 7,500 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,846

Building Details

Building Size 7,500 SF
Year Built 1900
Stories 1
Units 1
Listing Agency: WEICHERT REALTORS
Listed By: LASANDA SHEPPY
Source: Elliman
Added: May 20 Changed: Aug 21 Last Checked: Aug 30 at 6:33PM

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

Investment Insights

Based on property information with market context.

This property is a restaurant for sale, offering the potential for expansion and redevelopment. The location has a walk score of 82, indicating it is very walkable. The bike score is 52, making it bikeable. Additionally, the transit score is 61, suggesting good transit options are available.

Key Highlights

  • Very Walkable location (Walk Score: 82)
  • Good Transit options (Transit Score: 61)
  • Restaurant for sale

Property Analytics

Current Use

Top Taste Bakery Bakery leezzy Factory

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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Similar Off Market Nearby

  • Sorrento Catering 505 Thornall St, Paterson, NJ 07501

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant for sale with expansion and redevelopment potential.
Where is this restaurant located?
The property is located at 702 E 29Th St Paterson, NJ.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Very Walkable location (Walk Score: 82); Good Transit options (Transit Score: 61); Restaurant for sale
More about this property
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