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107 Washington Ave 2,400 SF 100% Leased Retail Building Little Ferry, NJ 07643 $850,000 ($354.17/SF)



Executive Summary
Exceptional mixed-use investment opportunity in the heart of Little Ferry. Positioned in a high-visibility, high-traffic location, this well-maintained commercial property offers the perfect blend of stable income, strong exposure, and long-term upside. The ground-level retail space is occupied by a successful, established Korean fried chicken business generating reliable rental income of $3,300/month, while the second-floor residential unit features a recently fully renovated 3-bedroom, 2-bath layout currently producing $2,900/month. With both units fully occupied, low-maintenance operations, and manageable property taxes, this asset presents an outstanding opportunity for investors seeking immediate and consistent cash flow. Additional highlights include a private parking lot dedicated to tenants and customers, excellent street presence, and exceptional daily vehicle traffic that enhances visibility for the retail business. Conveniently located near major highways, local businesses, and commuter routes, this is a rare opportunity to own a strong income-producing property in a thriving Bergen County location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built
1950
Price
$850,000
Price Per SF
$354.17
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.14 AC
Zoning
Commercial - Retail
Parking
9 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
53’ on Washington Ave
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-00082-0000-00001-01 | Improvements Assessment | $367,600 |
| Land Assessment | $208,600 | Total Assessment | $576,200 |
Property Taxes
Parcel Number
30-00082-0000-00001-01
Land Assessment
$208,600
Improvements Assessment
$367,600
Total Assessment
$576,200
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