Rare multi-use property in sought after Borough of Edgewater.
This exceptional mixed-use property presents a unique opportunity to acquire a well-maintained building with diverse revenue streams. Nestled in the vibrant Borough of Edgewater, New Jersey, this property boasts a Restaurant on the ground floor, generating a steady income flow. The second floor features two recently updated two-bedroom apartments, each offering the potential for further revenue growth or potential conversion into condominiums (Buyer to confirm with the City of Edgewater).
Benefit from the convenience of having all utilities paid by tenants, ensuring a hassle-free ownership experience. The property's prime location places it within walking distance of a plethora of amenities, including NYC bus and ferry stops, a diverse selection of restaurants and shops (Whole Foods, Trader Joes, Target, Bed Bath & Beyond, Acme, Starbucks, Outback Steakhouse, Brownstone, Flemings, and more), making it an ideal destination for residents and business patrons alike.
Whether you're seeking a lucrative investment opportunity or a desirable place to relocate, this mixed-use property offers the perfect blend of income potential, convenience, and lifestyle appeal. Don't miss out on this exceptional opportunity to own a piece of Edgewater's thriving community.
Sold for $1,300,000 on 03/21/25
$1,300,000
10 Dempsey Ave, Edgewater, NJ 07020
4beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$1,355,700 Zestimate®
$--/sqft
$4,102 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 10:53am
Listed by:
HOWARD GOLDBERG,
DOUGLAS ELLIMAN OF NJ LLC 201-721-8610
Bought with:
, 8633583
DOUGLAS ELLIMAN OF NJ LLC
Source: HCMLS,MLS#: 230019102
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air
Features
- Basement: Unfinished
Property
Parking
- Parking features: None
Details
- Land lease expiration date: 1748995200000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Brownstone
Materials
- Brick
Community & neighborhood
Location
- Region: Edgewater
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,355,700
2% more+ $27,114
With Zillow Showcase(estimated)
$1,382,814