526 Anderson Ave Cliffside Park, NJ 07010-1636
This exceptional investment opportunity presents a newly renovated 3,600 square foot retail property located at 526 Anderson Avenue in Cliffside Park, New Jersey, zip code 07010. The property features a fully operational restaurant with a 120-person capacity, complete with all equipment and furnishings included in the sale price of $1,599,000. A newly constructed outdoor lounge enhances the property's appeal. The building also includes a sizable 1,800 square foot second floor currently used for storage, but easily adaptable into additional retail space. This area boasts its own separate entrance and bathrooms, offering significant expansion potential. The property is situated on Anderson Avenue, a major north-south corridor in Cliffside Park, ensuring high visibility and accessibility. A liquor license is available for separate purchase. This property is classified as Retail and Land, and is categorized as a Shopping Center and Commercial property. The property is located in Bergen County, New Jersey. The precise coordinates are latitude 40.8223411 and longitude -73.9898051. This is a turnkey operation with significant upside potential for a savvy investor.
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Morea Bar and Lounge Hotel & Motel Resort
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Elks Lodge 1502 Volunteer Organization Community Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.