Oversized Lot Residential Income
For Sale
$1,425,000
822 Pompton Ave 2, Cedar Grove, NJ 07009
Residential income property on an oversized, deep lot that may allow professional use or townhome development with town approval.
Property SizeContact for details
Lot Size276.00 Acres
Days on Market50
Property Features for 822 Pompton Ave 2
General Information
Standard status
Active
Lot size
276.00 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$15,993
Building Details
Year Built
1977
Units
2
Listing Agency:
Listed By:
JOSEPH MASTROPOLE
Source:
Elliman
Added: Jun 23
Changed: Aug 8
Last Checked: Aug 10 at 8:18AM
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 JOSEPH MASTROPOLE
Investment Insights
Based on property information with market context.
This for-sale residential income property offers a larger, oversized deep lot measuring approximately 276 feet, creating flexibility for future plans. The offering is positioned as an income-producing residential asset, while also presenting a pathway to consider a zoning change subject to town approval.
The property is located at 822 Pompton Ave in Cedar Grove Township, NJ. Public remarks indicate consideration of a zoning change for professional use or townhouses, contingent on approval by the town.
For buyers or operators looking for a residential income asset with potential optionality, the depth of the lot may support alternative development directions if the zoning change is granted. Any change to professional use or conversion to townhouses would require town approval, and interested parties should confirm the feasibility and requirements with the municipality. In the meantime, the property functions as a residential income offering based on the information provided.
The property is located at 822 Pompton Ave in Cedar Grove Township, NJ. Public remarks indicate consideration of a zoning change for professional use or townhouses, contingent on approval by the town.
For buyers or operators looking for a residential income asset with potential optionality, the depth of the lot may support alternative development directions if the zoning change is granted. Any change to professional use or conversion to townhouses would require town approval, and interested parties should confirm the feasibility and requirements with the municipality. In the meantime, the property functions as a residential income offering based on the information provided.
Key Highlights
- Year built: 1977
- Oversized deep 276 ft lot
- With town approval, zoning change may allow professional use or townhouses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 07009, NJ
13,014
Population
5,107
Households
2.5
Avg Household Size
46
Median Age
58%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
3,099
Density / Sq Mi
$153,654
Median Household Income
$84,065
Median Earnings
$1,693
Median Rent
$600,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Residential income property on an oversized, deep lot that may allow professional use or townhome development with town approval.
Where is this residential income property located?
The property is located at 822 Pompton Ave 2 Cedar Grove, NJ.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Year built: 1977; Oversized deep 276 ft lot; With town approval, zoning change may allow professional use or townhouses
