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$1,150,000 Just Listed
Property 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!
Full Property Details
Full Property Details for 516 Anderson Ave
General
- Price: $1,150,000
- Taxes: $8,797
- Status: Active
- Type: Retail
- Source: NJMLS
- MLS ID: 26020885
- Updated: 6/5/2026
- Added to Site: 3 day(s) ago
Location
- Area: Cliffside Park
- County: BERGEN
Heating & Cooling
- Heating Type: Gas, Hot Water
Utilities
- Utility Description: Sep Elec, Sep Gas
Structural Information
- Architectural Style: Retail
- Description/Design: Ctrl Bus
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $8,797
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed by Royal Signature Realty, LLC (201) 943-9400, Mirjana Lambasa (201) 805-4173
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Schools
Schools serving 516 Anderson Ave
School District:Cliffside Park Borough School District
| Name | Grades | Distance |
|---|---|---|
Cliffside Park School 6/Middle School 440 Oakdene Avenue, Cliffside Park, NJ 07010 | K-6 | 0.3 mi |
School #4, Cliffside Park, NJ 279 Columbia Avenue, Cliffside Park, NJ 07010 | PK-6 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 Anderson Ave
Date
Details
Price
Change
Source
6/05/2026
Listed
$1,150,000
475%
MLS
3/01/1995
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 516 Anderson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,549
3%
$310,200
—
2023
$8,301
4%
$310,200
—
2022
$7,957
2%
$310,200
—
2021
$7,808
3%
$310,200
—
2018
$7,563
2%
$310,200
—
2017
$7,420
2%
$310,200
—
2016
$7,274
3%
$310,200
—
2015
$7,057
-7%
$310,200
—
2019
$7,575
12%
$310,200
—
2013
$6,765
—
$310,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 516 Anderson Ave
516 Anderson Avenue, Cliffside Park, NJ 07010 (MLS# 26020885) is a Retail property. 516 Anderson Avenue is currently listed for $1,150,000 and was received on June 05, 2026. Want to learn more about 516 Anderson Avenue? Do you have questions about finding other Retail real estate for sale in Cliffside Park? You can browse all Cliffside Park real estate or contact a Coldwell Banker agent to request more information.
