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    Renovated Creative Office Studio Title is generated by Realmo AI

    614 POMPTON AVE Unit 1, Cedar Grove, NJ 07009

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    For Sale
    $849,000

    Two-floor renovated studio with private parking, flexible upper-level room options, and dedicated changing and restroom spaces.

    Type:General Commercial
    Property size:
    2,954 SF
    Price / SF:
    $287/SF
    Added:
    Jun 13, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 24 at 4:09 am

    Property Features for 614 POMPTON AVE Unit 1

    General Information

    Standard status
    Active
    Size
    2,954 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1925

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    CALVIN WINGO

    Listing office COLDWELL BANKER REALTY

    Listing date Jun 13, 2026

    Source Xome

    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 COLDWELL BANKER REALTY

    HighLights

    • Commercial building with Central Air and asphalt shingle roof
    • Two floors of open studio space for a dance/yoga/arts studio setup
    • Lower level includes changing room, lockers, and storage
    • Main level features lobby/office, studio, and restroom
    • Upper level offers a studio, full bath with walk‑in shower, and a large private room with potential bedroom option
    • 11 parking spaces plus a 2‑car detached garage; includes a freestanding storage area

    Overview

    This beautifully renovated dance/yoga/arts studio offers two floors of primarily open studio space designed for creative programming and instruction. The lower level includes a changing room with lockers and storage, along with open areas suited for classes or studio use. The main level features a lobby office, a studio space, and a restroom for day-to-day operations. Upstairs, the upper-level studio includes a full bath with a walk-in shower and a large private room that could support a range of uses.

    The property includes a two-car detached garage and a private parking lot. It is situated in the main business district, with shopping, restaurants, and a municipal center within walking distance.

    For buyers or operators looking for a flexible creative workplace, this layout supports both public-facing instruction and behind-the-scenes functions, including changing, storage, and restroom facilities. The combination of open studio areas and multi-room configuration can accommodate a variety of service-based studio concepts while preserving dedicated, practical spaces for staff and clients.

    Local 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 $88.6k $30.00
    − Vacancy −$28.4k −$9.60
    EGI $60.3k $20.40
    − OpEx −$15.1k −$5.10
    NOI $45.2k $15.30
    2,954 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $645.7K
    $565.0K – $753.3K (±1% cap)
    NOI $45,196 @ 7.0% cap · market cap 5.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $771.3K
    $674.9K – $899.9K (±1% cap)
    NOI $53,994 @ 7.0% cap · market cap 6.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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
    -74.2300123
    Latitude
    40.8542262

    FAQs

    What type of property is this?
    Creative space - Two-floor renovated studio with private parking, flexible upper-level room options, and dedicated changing and restroom spaces.
    Where is this creative space located?
    The property is located at 614 POMPTON AVE Unit 1 Cedar Grove, NJ.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: Commercial building with Central Air and asphalt shingle roof; Two floors of open studio space for a dance/yoga/arts studio setup; Lower level includes changing room, lockers, and storage
    More about this property
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