Listed with Vincent Lee | 201-647-9964, Realty 7, LLC
|
Prime Downtown Mixed-Use Investment Opportunity Located in the heart of the downtown business district, this two-level mixed-use building offers an unbeatable opportunity for the savvy investor. 1st Floor: Restaurant space approx. 1,650 sq. ft. 2nd Floor: 2-bedroom apartment approx. 1,100 sq. ft. with a private rear deck Gross Annual Income: $87,000 ($5,500 + $1,750/month) Operating Expenses: $13,263 Cap Rate: 6.8% Tenants pay all utilities including heating, gas, electric, and water. New roof replaced 3 years ago. Restaurant space can be delivered vacant upon closing. Strong income, minimal expenses, and a prime downtown location make this a perfect investment or owner-user opportunity.
DAYS ON MARKET | 122 | LAST UPDATED | 8/20/2025 |
---|---|---|---|
YEAR BUILT | 0 | COMMUNITY | 200 |
COUNTY | BERGEN | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air, Electric |
---|---|
AIR CONDITIONING | Yes |
AREA | 200 |
HEAT | Central, Electric, Oil |
TAXES | 10063 |
UTILITIES | See Remarks |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
/ | |
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 10/21/25 7:16 AM PDT Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.