516 Anderson Avenue, Cliffside Park, NJ, 07010 — Photo 11 / 15
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$1,150,000

516 Anderson Avenue, Cliffside Park, NJ, 07010

MLS# 26020885

Active144d on market

0.043 acres (1,860 sqft)

Lot Size

Commercial — Retail

Property Type

Description

***Prime Downtown Mixed-Use Investment Opportunity*** Located in the heart of the downtown business district. Located near River road, the property offers excellent access to the PATH, GWB and NJ Transit keeps occupancy stable and tenants happy The recently renovated retail space is home to a well-established restaurant, with a large high-ceiling basement ideal for storage plus an additional bathroom with full walk-out approx. 2500 sq ft all together. The residential unit approx. 1,000 sq. ft. offers two spacious bedrooms with a den, great size living area, hardwood floor through apartment . All units are separately metered. Additional Income and expense Information available on request.. Situated on a high-traffic, high-visibility, this location is ideal for any investor or business owner. Strong income, minimal expenses, and a prime downtown location make this a perfect investment . Excellent investment opportunity! Not to be Missed!

Tax & Financial Information

Annual Property Taxes$8,549 (NJ Public Records)
Tax Assessment$310,200
Land Assessment$161,500
ListedJune 5, 2026

Listing Information

Listing Office: Royal Signature Realty, LLC — 201-943-9400

Listing Agent: Mirjana Lambasa — 201-805-4173 — miralambasa@gmail.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/7/2026.

Total Monthly Cost

$8,117/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$5,967
Property Taxes$712
Homeowner Insurance$479
Est. Maintenance$958
Total$8,117

Down: $230,000 | Loan: $920,000

Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.

Commute From This Home

Cliffside Park

🚂
Transit to NYC Penn

NJ Transit Bus 156

28 min
🚗
Drive to NYC (Midtown)
22 min
🚗
Drive to Hoboken/JC
10 min
🚗
Drive to Newark
22 min
🚉

GWB Bus Station

~2 mi from town center

Monthly Pass(Zone 2)$130/mo

Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.

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