Mixed-Use Investment
26 Lakeside Ave Pompton Lakes, NJ 07442
26 Lakeside Ave, Pompton Lakes, NJ, 07442
$999,900
Pending
For Sale
$999,900
Pending
Mixed-use property with retail, commercial, and residential income.
Property Size6,500 SF
Lot Size0.24 Acres
Days on Market186
Property Features for 26 Lakeside Ave
General Information
- Standard status
- Pending
- Size
- 6,500 SF
- Lot size
- 0.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing Agency
KELLER WILLIAMS PROSPERITY REALTY
(973) 696-0077
Listed by
MICHELE BELFIORE
Source
Corcoran
Added: Jan 16 Updated: Jul 10 at 3:47 pm Checked: Jul 20 at 3:41 am
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 KELLER WILLIAMS PROSPERITY REALTY
Investment Insights
Based on property information with market context.
This mixed-use property in Pompton Lakes presents an investment opportunity with a blend of commercial, retail, and residential spaces. The property features three storefronts on the street level: Pompton Cycle store (900 sq. ft.), Patch (1200 sq. ft.), and Sneaker Arcade Store (1200 sq. ft.). The ground level in the rear of the storefronts includes a commercial space of 1806 sq. ft. Additionally, there is a 2-bedroom apartment on the second floor, currently rented at $1,400 per month. A garage space of 884 sq. ft. is also part of the property and is rented at $685 per month. The total property size is 6500 sq. ft.
Key Highlights
- Income‑producing mixed‑use property with commercial, retail, and residential spaces.
- Three street‑level storefronts (Pompton Cycle, Patch, Sneaker Arcade).
- Additional commercial space (1806 sq ft) at ground level in the rear.
Local Financial Insights For Mixed Use
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 | $140.4k | $21.60 |
| − Vacancy | −$11.2k | −$1.73 |
| EGI | $129.2k | $19.87 |
| − OpEx | −$48.4k | −$7.45 |
| NOI | $80.7k | $12.42 |
6,500 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $92,776 @ 7.0% cap · market cap 9.28%
Second Best
Mixed Use
$1.15M
$1.01M – $1.35M
NOI $80,730 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,810 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail, commercial, and residential income.
Where is this mixed-use property located?
The property is located at 26 Lakeside Ave Pompton Lakes, NJ.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Income‑producing mixed‑use property with commercial, retail, and residential spaces.; Three street‑level storefronts (Pompton Cycle, Patch, Sneaker Arcade).; Additional commercial space (1806 sq ft) at ground level in the rear.
