Mixed-Use Live-Work
455 NEWARK POMPTON TPKE Unit N/A Wayne, NJ 07470
For Sale
$1,599,000
Two-unit mixed-use building with high-visibility retail and a flexible second-floor layout suited to live/work or offices.
Property Size7,540 SF
Price / SF$212.07
Days on Market138
Property Features for 455 NEWARK POMPTON TPKE Unit N/A
General Information
Standard status
Active
Size
7,540 SF
Property subtype
General Commercial
Building Details
Year Built
2002
Listing Agency:
SERHANT NEW JERSEY LLC
(973) 809-8472
Listed By:
MICHAEL J REDDIN
(973) 809-8472
Source:
Xome
Added: Mar 14
Changed: Jul 10
Last Checked: Jun 14 at 1:50AM
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 SERHANT NEW JERSEY LLC
Investment Insights
Based on property information with market context.
455 Newark Pompton Turnpike is a mixed-use property with two units and additional walk-in basement storage. The first-floor commercial unit is anchored by Packanack Animal Hospital, and the hospital lease does not include the walk-in basement storage area, creating flexibility for an owner-user or future tenant. The second-floor unit is configured as a spacious 5-bedroom, 3.5-bath residence with a gourmet kitchen, private entrance, chair lift access, and access to a large shared backyard.
Positioned in Wayne’s highly trafficked retail and service corridor, the property is designed around strong visibility on Newark Pompton Turnpike. On-site parking is ample, with potential for expansion, and the setting includes a large shared outdoor space. Convenient highway access is provided with Routes 23 and 46 and Interstate 80.
This layout supports a range of uses, including live/work, staff housing, or professional office applications, with the benefit of flexible zoning described in the marketing materials. The combination of an income-producing first-floor anchor and an adaptable upper-level space can be attractive for operators seeking integrated on-site functionality, or for buyers looking for multiple ways to deploy the walk-in basement storage.
Positioned in Wayne’s highly trafficked retail and service corridor, the property is designed around strong visibility on Newark Pompton Turnpike. On-site parking is ample, with potential for expansion, and the setting includes a large shared outdoor space. Convenient highway access is provided with Routes 23 and 46 and Interstate 80.
This layout supports a range of uses, including live/work, staff housing, or professional office applications, with the benefit of flexible zoning described in the marketing materials. The combination of an income-producing first-floor anchor and an adaptable upper-level space can be attractive for operators seeking integrated on-site functionality, or for buyers looking for multiple ways to deploy the walk-in basement storage.
Key Highlights
- Two‑unit mixed‑use building with approx. 4,780 SF (excluding basement) on Newark Pompton Turnpike
- Ground‑floor commercial unit anchored by Packanack Animal Hospital; lease does not include walk‑in basement storage
- Second‑floor unit approx. 2,760 SF with 5 bedrooms and 3.5 baths, plus private entrance
Financial Insights For Office B
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 | $226.2k | $30.00 |
| − Vacancy | −$72.4k | −$9.60 |
| EGI | $153.8k | $20.40 |
| − OpEx | −$38.5k | −$5.10 |
| NOI | $115.4k | $15.30 |
7,540 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,362 @ 7.0% cap · market cap 7.21%
Second Best
Healthcare Medical
$1.60M
$1.40M – $1.87M
NOI $112,268 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,819 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Two-unit mixed-use building with high-visibility retail and a flexible second-floor layout suited to live/work or offices.
Where is this live-work space located?
The property is located at 455 NEWARK POMPTON TPKE Unit N/A Wayne, NJ.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Two‑unit mixed‑use building with approx. 4,780 SF (excluding basement) on Newark Pompton Turnpike; Ground‑floor commercial unit anchored by Packanack Animal Hospital; lease does not include walk‑in basement storage; Second‑floor unit approx. 2,760 SF with 5 bedrooms and 3.5 baths, plus private entrance
