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    Versatile Commercial Property on Pompton Avenue Title is generated by Realmo AI

    1190 Pompton Ave, Cedar Grove, NJ 07009

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    Claim this Listing
    For Sale
    $2,500,000

    Expansive commercial property with retail, office, and storage space.

    Type:Commercial
    Property size:
    8,757 SF
    Lot size:
    1.17 Acres
    Price / SF:
    $285/SF
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 7:51 am

    Property Features for 1190 Pompton Ave

    General Information

    Standard status
    Active
    Size
    8,757 SF
    Lot size
    1.17 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1997

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    EFFTHIMIA DRIMONIS

    Listing office RE/MAX SELECT

    Listing date Mar 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SELECT

    HighLights

    • Prime location on highly traveled Pompton Avenue/Route 23 offers unmatched exposure and easy accessibility.
    • Expansive 8,757 sq ft commercial building with flexible retail space divisible for multiple tenants.
    • Over an acre of land with two levels of dedicated parking.
    • Includes a 1,500 sq ft shop with a drive‑in door.
    • Features a 1,500 sq ft second‑floor office suite.
    • Additional storage capacity with two Quonset huts and a 10' x 40' container.

    Overview

    This commercial property, situated on over an acre of land in Cedar Grove, features an 8,757 sq ft building with over 7,000 square feet of ground-level retail space. The retail area can function as a large showroom or be divided into smaller storefronts. Attached to the main retail area is a 1,500 sq ft shop with a drive-in door, suitable for service businesses or storage. A second-floor office suite of approximately 1,500 sq ft provides workspace for administrative needs and management offices. The property includes two levels of dedicated parking. In the rear are two Quonset huts, each offering 1,000 sq ft of additional storage, along with a 10' x 40' container. Located on Pompton Avenue/Route 23, the site offers exposure, accessibility, and proximity to major highways. It is suitable for owner-users or investors seeking flexible, high-exposure space.

    Local Financial Insights For Office B

    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 $262.7k $30.00
    − Vacancy −$84.1k −$9.60
    EGI $178.6k $20.40
    − OpEx −$44.7k −$5.10
    NOI $134.0k $15.30
    8,757 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.91M
    $1.67M – $2.23M (±1% cap)
    NOI $133,982 @ 7.0% cap · market cap 5.36%
    Second Best
    Retail
    $1.79M
    $1.56M – $2.08M (±1% cap)
    NOI $124,991 @ 7.0% cap · market cap 5.00%
    Theoretical Best
    Office A
    $2.29M
    $2.00M – $2.67M (±1% cap)
    NOI $160,064 @ 7.0% cap · market cap 6.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Real Estate Agency Hotel & Motel Dental Office Restaurant Daycare Center Grocery & Convenience Store Bar & Pub Storage Facility Auto Parts Store

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

    Similar Places Nearby

    • Diamond Floral — 44 Main St, Little Falls, NJ 07424
    • Premier Events by Reema — 500 Main St, Little Falls, NJ 07424
    • PJ's Towne Florist — 191 Newark Pompton Turnpike, Little Falls, NJ 07424

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Grove
    County
    Essex
    State
    New Jersey
    Longitude
    -74.238
    Latitude
    40.8728

    FAQs

    What type of property is this?
    Storefront property - Expansive commercial property with retail, office, and storage space.
    Where is this storefront property located?
    The property is located at 1190 Pompton Ave Cedar Grove, NJ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Prime location on highly traveled Pompton Avenue/Route 23 offers unmatched exposure and easy accessibility.; Expansive **8,757 sq ft commercial building** with flexible retail space divisible for multiple tenants.; Over an acre of land with two levels of dedicated parking.
    More about this property
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