Duplex with Fenced Outdoor
For Sale
$1,425,000
822 Pompton Ave, Cedar Grove, NJ 07009
MULTI_FAMILY - Cedar Grove Twp., NJ
Property Size3,356 SF
Lot Size0.60 Acres
Price / SF$424.61
Days on Market50
Property Features for 822 Pompton Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
multi
Bedrooms
7
Bathrooms
6
Full bathrooms
5
Half bathrooms
2
Rooms
Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bathroom 6, Bedroom 4, Bathroom 7, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking
4
Patio and Porch features
Patio
Interior features
Beam Ceilings, Chandelier, Fire Extinguisher, High Ceilings, Marble Floors, Tile Floors, Walk-In Closet, Wood Floors
Exterior features
Barbeque, Gazebo, Patio, FencPriv, Storage, StrmDoor, StrmWind, ThrmlW&D
Fencing
Fenced
Lot features
Level Lot, Possible Subdivision
Elementary school
NORTH END
Middle school
CEDAR GROV
High school
CEDAR GROV
Directions
RT 23 south to Pompton Ave between Beech and Mawal or Bloomfield Ave to Pompton Ave
Standard status
Active
Size
3,356 SF
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15993
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1977
Floors in Building
2
Number of units
2
Roof type
Flat, Shingle
Architectural style
Other
Additional Structures
Gazebo, Storage
Listing Agency:
WAYNE HILLS REALTY
(973) 907-0227
Listed By:
JOSEPH MASTROPOLE · License #274283
(973) 790-9200
Added: Jun 21
Changed: Aug 2
Last Checked: Aug 9 at 12:06PM
MLS# 4035882
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property on an oversized lot includes a mix of finished interior features and multiple outdoor amenities. Built in 1977, the home totals 3,356 square feet and features high ceilings, beam ceilings, chandeliers, marble floors, tile floors, wood floors, and a walk-in closet. Heating is provided by baseboard hot water heat, and the property has central air conditioning.
Outdoor features include a patio, gazebo, fenced perimeter, storage, and additional exterior elements. The roof includes both shingle and flat sections. The lot is approximately 0.6 acres and measures 95x276, and there is a reported possibility—subject to town approval—of a zoning change for professional use.
Utilities include public water and public sewer service, with cable available.
Outdoor features include a patio, gazebo, fenced perimeter, storage, and additional exterior elements. The roof includes both shingle and flat sections. The lot is approximately 0.6 acres and measures 95x276, and there is a reported possibility—subject to town approval—of a zoning change for professional use.
Utilities include public water and public sewer service, with cable available.
Key Highlights
- 3,356 SF duplex built in 1977
- Oversized lot approx. 0.6 acres measuring 95x276
- Central air cooling plus baseboard hot water heat
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,167
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,123,340
$1.1M
Cap Rate 7%
$802,386
$802.4K
Cap Rate 9%
$624,078
$624.1K
Market Conditions
NOI Build-Up for 3,356 SF
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.
Gross rent
$85.8K $25.56/SF
− Vacancy
−$5.5K −$1.65/SF
EGI
$80.2K $23.91/SF
− OpEx
−$24.1K −$7.17/SF
NOI
$56.2K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,123,340
Cap Rate 7%
$802,386
Cap Rate 9%
$624,078
Alternative Uses
Best Use
Multifamily LT 5
$802.4K
$702.1K – $936.1K
NOI $56,167 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$737.3K
$645.1K – $860.2K
NOI $51,609 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$876.3K
$766.8K – $1.02M
NOI $61,342 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
583
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a fenced lot with central air, public water, and public sewer.
Where is this duplex located?
The property is located at 822 Pompton Ave 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: 3,356 SF duplex built in 1977; Oversized lot approx. 0.6 acres measuring 95x276; Central air cooling plus baseboard hot water heat
