Versatile Commercial Property on Pompton
1190 Pompton Ave, Cedar Grove, NJ 07009
- Added:
- Nov 18, 2025
- Days on Market:
- 193
- Last Refresh:
- May 30 at 12:06 pm
Property Features for 1190 Pompton Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial/RC
- Parking features
- Parking Lot
- Standard status
- Pending
- Size
- 8,757 SF
- Lot size
- 1.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 27863
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Multi Units
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Concrete
- Roof type
- Flat, Metal
- Architectural style
- Other
Listing agent EFFTHIMIA DRIMONIS (908) 233-9292
Listing office RE/MAX SELECT 15 BLOOMFIELD AVENUE, Morristown, NJ (908) 233-9292
Listing date Nov 18, 2025
MLS# 3998295
Listing URL
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.
HighLights
- High visibility location on Pompton Avenue/Route 23 with easy access.
- Large 8,757 sq ft building with flexible retail space.
- Over an acre of land with ample parking and additional storage.
- Includes a 1,500 sq ft shop with drive‑in door.
- Features a 1,500 sq ft second‑floor office suite.
- Suitable for both owner‑users and investors.
Overview
This expansive commercial property, situated on over an acre in Cedar Grove, offers significant visibility and versatility. The 8,757 sq ft building includes over 7,000 square feet of ground-level retail space, which can function as a large showroom or be divided into smaller storefronts to accommodate multiple tenants. Attached to the main retail area is a 1,500 sq ft shop with a drive-in door, suitable for service businesses or supplemental storage or production space. A second-floor office suite of approximately 1,500 sq ft provides a functional workspace for administrative needs and management offices. The property features two levels of dedicated parking. In the rear, there are two Quonset huts, each offering 1,000 sq ft of additional storage, along with a 10' x 40' container, maximizing storage capabilities. Located on Pompton Avenue/Route 23, the site offers exposure, accessibility, and proximity to major highways, making it suitable for various business uses. The property is located in Essex County. The lot size is 1.17 acres.
Local Financial Insights For Retail
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 | $189.2k | $21.60 |
| − Vacancy | −$10.6k | −$1.21 |
| EGI | $178.6k | $20.39 |
| − OpEx | −$53.6k | −$6.12 |
| NOI | $125.0k | $14.27 |
8,757 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.79M
$1.56M – $2.08M
NOI $124,991 @ 7.0% cap · market cap 5.00%
Second Best
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,849 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
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
Showrooms
Similar Places Nearby
- R. Ulrich and Son Waterproofing — 12 cole rd, cedar grove, nj 07009
- At Home — 77 Willowbrook Blvd Suite 81, Wayne, NJ 07470
- Floor & Decor — 77 Willowbrook Blvd, Wayne, NJ 07470
Location Insight
- Map
- Local Demand
- City
- Cedar Grove
- County
- Essex
- State
- New Jersey
- Longitude
- -74.23805
- Latitude
- 40.87286
Nearby Similar for Sale
FAQs
What type of property is this?
Showroom - Expansive commercial property with retail, shop, office, and storage.
Where is this showroom 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: High visibility location on Pompton Avenue/Route 23 with easy access.; Large 8,757 sq ft building with flexible retail space.; Over an acre of land with ample parking and additional storage.
