Corner Office
1425 Pompton Ave, Cedar Grove, NJ 07009
For Sale
New
Contact for pricing
Second-floor space includes central air and access to shared waiting and conference rooms.
Property Size1,500 SF
Price / SF$0.67
Days on Market2
Property Features for 1425 Pompton Ave
General Information
Standard status
Size
Additional Details
Floor
Highway Access
Property Use
Amenities
shared waiting room
shared conference room
renovated half baths
central air
shared parking lot
Building Details
Year Built
Tenancy
Listing Agency:
BROWN HARRIS STEVENS NEW JERSEY
Listed By:
LISA B. SCHMEY
(973) 744-6033
Source:
Goldstandardrealty
Added: Nov 8
Last Checked: Sep 30 at 1:05PM
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 BROWN HARRIS STEVENS NEW JERSEY
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Investment Insights
Based on property information with market context.
This second-floor office unit has two windows and central air. Building amenities include a shared waiting room, a shared conference room, and two renovated half baths. Tenants and visitors can use the shared parking lot.
The property is near major highways, Willowbrook Mall, and the NYC Park & Ride. The professional building was constructed in 1988.
The property is near major highways, Willowbrook Mall, and the NYC Park & Ride. The professional building was constructed in 1988.
Key Highlights
- Second‑floor office unit with two windows
- Central air conditioning
- Shared waiting room and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
$459.0K
Cap Rate 7%
$327,857
$327.9K
Cap Rate 9%
$255,000
$255.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$14.4K −$9.60/SF
EGI
$30.6K $20.40/SF
− OpEx
−$7.7K −$5.10/SF
NOI
$23.0K $15.30/SF
Area
Essex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
Cap Rate 7%
$327,857
Cap Rate 9%
$255,000
Alternative Uses
Best Use
Office B
$327.9K
$286.9K – $382.5K
NOI $22,950 @ 7.0% cap · market cap 2,295.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 2,741.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
748
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
$600,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Essex County, NJ
Properties on Market for Office Units in Essex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor space includes central air and access to shared waiting and conference rooms.
Where is this office unit located?
The property is located at 1425 Pompton Ave Cedar Grove, NJ.
What are key features of this property?
This property features: Second‑floor office unit with two windows; Central air conditioning; Shared waiting room and conference room
