Commercial space For Lease in East Rutherford, NJ
MLS# : 26001298
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 84 Route 17 in East Rutherford, located in the highly trafficked Rutherford Commons complex. This 2,000 SF restaurant space features an exceptionally maintained, 5-year-old build-out with existing fixtures already in place. Two new bathrooms, vented kitchen, walk-in freezer, all paired with timeless style choices offering a high-end yet relaxed atmosphere. With only minor surface-level rebranding, you can be open for business this Spring before the World Cup comes to town. The FIFA World Cup coming to the area this June will bring an estimated 1.2 million visitors and $3.3 billion in projected economic impactâ€â€making this a once-in-a-generation opportunity to kick off your new restaurant. Perfectly positioned near major highways, 10 miles from the Lincoln & Holland tunnels, 13 miles to the George Washington Bridge, and multiple airports. Surrounded by established national brands including: Starbucks, Chipotle, Jersey Mike’s, Chili’s, Super Cuts, Massage Envy, Vitamin Shoppe, and more, this location benefits from constant daily traffic and built-in demand. Current lease in place through August 2030 with two additional 5-year options. All non-branded fixtures and equipment available for purchase. Contact broker with questions.
Amenities
This listing is a courtesy of Corcoran Infinity Properties, River Vale
201-666-0777 office, listing agent Brett P. Thompson
About East Rutherford, NJ Real Estate Market
The borough's formation had started in 1889 when a portion of the old Union Township was taken from the Boiling Springs Township, which was then renamed East Rutherford during the Boroughitis phenomenon, which took place in the Bergen County in 1894. With the formation of East Rutherford, the Boiling Springs Township has dissolved altogether.
While East Rutherford has New Jersey real estate of all forms, ranging from usual to luxury homes, the town is home to several sports teams and stadiums for them. The biggest sports arena in East Rutherford is Meadowlands Sports Complex, which includes Meadowlands Arena and MetLife Stadium. East Rutherford is the smallest town in the USA to host a Super Bowl event. East Rutherford is home to five professional sports teams, despite having a population of just 10,000 residents. Apart from major sports complexes, East Rutherford is also home to the American Dream, one of the largest shopping centres and entertainment complexes in New Jersey real estate.
| Population: | 8,913 |
| Total Housing Units: | 4,018 |
| Single Family Homes: | 1,953 |
| General Tax Rate (2023): | 1.623% |
| Effective Tax Rate (2023): | 1.516% |
| Compare To Other Towns |
East Rutherford Market Indicators
PRICE INDEX
| Average Price* (12mo): | $619,699 |
| Homes Sold* (12mo): | 17 |
SINGLE FAMILY HOME SALES
East Rutherford, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.623% |
| Effective Tax Rate (2023): | 1.516% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
