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    54 Pompton Ave Cedar Grove, NJ 07009

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    For Lease
    Contact for pricing

    Four-acre retail development site on Pompton Avenue in Cedar Grove.

    Lot size:
    4.00 Acres

    Property Features for 54 Pompton Ave

    General Information

    Lot size
    4.00 Acres

    Source: JLL | Parsippany Agent Craig Parcells

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

    Overview

    Pompton Avenue Retail Development Site

    Available for lease is a 174,240 square foot land parcel located at 54 Pompton Avenue, Cedar Grove, New Jersey. This four-acre retail development site is situated on Pompton Avenue and is located in the RC zone (Restricted Commercial District). The property is adjacent to a diner on Pompton Avenue. Possible cross access is available. Ground lease or build-to-suit opportunities are being explored.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Grove
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2271211
    Latitude
    40.8344134

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    FAQs

    What type of property is this?
    Land - Four-acre retail development site on Pompton Avenue in Cedar Grove.
    Where is this land located?
    The property is located at 54 Pompton Ave Cedar Grove, NJ.
    What are key features of this property?
    This property features: - 174,240 SF of retail space available.; - Prime four-acre retail development site on Pompton Avenue.; - Ground lease or build-to-suit opportunities are available.
    (973) 829-4800
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    54 Pompton Ave Cedar Grove, NJ 07009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    54 Pompton Ave Cedar Grove, NJ 07009
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