- For Sale Subject to Offer
- Property Type Multi-Family
- Units 15
- Date Updated Apr 1, 2026
Description
The property benefits from excellent access to NJ Transit bus lines with direct service to Manhattan, as well as the surrounding retail and neighborhood amenities along Anderson Avenue.340 Anderson Avenue is a well-maintained 15-unit multifamily property located along Cliffside Park’s main corridor. The building consists primarily of two-bedroom apartments and features recently upgraded systems, minimizing near-term capital needs. Current rents are approximately 18–20% below market, presenting a clear opportunity for revenue growth through natural turnover, while the town’s favorable rent control structure supports steady increases.
Highlights
- Dense Bergen County submarket with strong multifamily rental demand
- Excellent public transit via NJ Transit bus service to NYC
- Minutes to the George Washington Bridge with direct access to Manhattan
- Prime location along Anderson Avenue retail corridor with strong visibility and foot traffic
- Surrounded by national retailers including CVS, Starbucks, Walgreens, and Dunkin’
- Utilities: Landlord pays heat (gas) and hot water.
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Contacts
Andrew Scheinerman
The Kislak Company
Location
Located at 340 Anderson Avenue, Cliffside Park, NJ 07010, this property is part of the Cliffside Park neighborhood and New Jersey market.
Contact Listing Broker
Andrew Scheinerman
The Kislak Company
