***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!

Property Details of 516 Anderson Avenue

Property Details

Interior Features

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Listed by Royal Signature Realty,LLC / Mirjana Lambasa

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 The Agency 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: June 13, 2026
Source: 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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