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Shovel-Ready Mixed-Use Development Site

82 Newark Pompton Tpke Little Falls, NJ 07424

82 Newark Pompton Tpke, Little Falls, NJ, 07424
$1,000,000
For Sale
$1,000,000

LAND - Little Falls Twp., NJ

Property Size2,200 SF
Price / SF$454.55
Days on Market95

Property Features for 82 Newark Pompton Tpke

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Size
2,200 SF

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9530

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing agency RE/MAX ELITE REALTY
Listed by PERRY SESSA · License #229613
Added: Apr 20 Updated: Jun 30 at 8:29PM Checked: Jul 23 at 2:06AM
MLS# 4022000

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This shovel-ready mixed-use development site is fully approved and permitted, with state and local approvals completed and permits issued and paid. The plan calls for two two-story residential units, each with three bedrooms and two bathrooms, along with private rooftop terraces. The ground floor includes two commercial storefronts with a combined total of 2,200 square feet. A private rear parking lot is also included as part of the project.

The property is located at 82 Newark Pompton Tpke in Little Falls Twp., Passaic County, NJ. Architectural plans, permits, and supporting documentation are available upon request.

Designed for developers and investors who want to move forward immediately, the entitlement-complete status reduces pre-construction permitting uncertainty. The mix of residential units and street-level storefront space can support a multi-use operating plan once construction is underway.

Key Highlights

  • Fully approved and permitted, shovel‑ready mixed‑use development with permits issued and paid
  • Includes two 3‑bedroom, 2‑bath residential units with two‑story layouts and private rooftop terraces
  • Ground‑floor commercial space features two storefronts totaling 2,200 sq. ft.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $66.0k $30.00
− Vacancy −$4.5k −$2.04
EGI $61.5k $27.96
− OpEx −$27.7k −$12.58
NOI $33.8k $15.38
2,200 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$483.3K
$422.9K – $563.9K (±1% cap)
NOI $33,832 @ 7.0% cap · market cap 3.38%
Second Best
Mixed Use
$390.3K
$341.6K – $455.4K (±1% cap)
NOI $27,324 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$574.5K
$502.7K – $670.2K (±1% cap)
NOI $40,212 @ 7.0% cap · market cap 4.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

(Bike/Boat/Book/etc) Store Pharmacy Veterinary Clinic Nursing Home Storage Facility Real Estate Agency Locksmith Nursing Home Acupuncture Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Fully approved mixed-use development includes two rooftop-terrace residences and two commercial storefronts, ready for immediate construction.
Where is this mixed-use property located?
The property is located at 82 Newark Pompton Tpke Little Falls, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully approved and permitted, shovel‑ready mixed‑use development with permits issued and paid; Includes two 3‑bedroom, 2‑bath residential units with two‑story layouts and private rooftop terraces; Ground‑floor commercial space features two storefronts totaling 2,200 sq. ft.
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