MLS# : 26020540
***Prime Downtown Mixed-Use Investment Opportunity*** Located in the heart of the downtown business district. The recently renovated a well-established restaurant approx. 2,500 sq. ft. , a high-ceiling basement, ideal for storage with full walk-out .New roof replaced 2 years ago The residential unit 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. Whether you're adding to your portfolio, completing a 1031 exchange, or possibly buying as a seasoned portfolio owner or institution, this property combines cash flow and stability. Located near River road - Edgewater, the property offers excellent access to the PATH, GWB and NJ Transit keeps occupancy stable and tenants happy .Situated in a high-traffic, high-visibility area, this location is ideal for any investor or business owner. Strong income, minimal expenses, and a prime downtown location make this a perfect investment or owner-user opportunity. Excellent investment opportunity! Opportunity Not to be Missed!
This listing is a courtesy of Royal Signature Realty, LLC
201-943-9400 office, listing agent Mirjana Lambasa
| Population: | 25,580 |
| Total Housing Units: | 11,223 |
| Single Family Homes: | 1,967 |
| Apartments: | 9,219 |
| General Tax Rate (2025): | 2.836% |
| Effective Tax Rate (2025): | 1.920% |
| Compare To Other Towns |
| Average Price* (12mo): | $652,239 |
| Apatments Sold* (12mo): | 178 |
| Homes : | $649,999 - 2,875,000 | 13 |
| Condos : | $299,000 - 3,400,000 | 53 |
| Co-ops : | $2,450 - 589,999 | 11 |
| Twnhs : | $920,000 - 1,995,000 | 5 |
| 2-4 Fam : | $999,000 - 1,279,000 | 3 |
| 5+ Fam : | $1,850,000 - 1,850,000 | 1 |
| Land : | $599,000 - 599,000 | 1 |
| Rentals : | $1,750 - 12,000 | 74 |
| Mixd Use : | $1,150,000 - 7,190,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $4,500 - 290,000 | 5 |
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All information deemed reliable but not guaranteed. Last date updated: 06/04/2026 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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