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    Cedar Grove, NJ
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    Cedar Grove, NJ Multifamily Properties for Sale

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    Duplex with Fenced Outdoor Space
    Updated: Jun 21
    Duplex with Fenced Outdoor Space

    822 Pompton Ave, Cedar Grove, NJ 07009

    $1,399,000
    3,356 sqft 0.60 AC lot
    3,356 SF duplex built in 1977
    Oversized lot approx. 0.6 acres measuring 95x276
    Central air cooling plus baseboard hot water heat
    Public water and public sewer
    Fenced outdoor space with patio and gazebo
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    This listing looks promising.

    Here's a quick look at some key insights for

    822 Pompton Ave, Cedar Grove Twp., NJ 07009-1228

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    • Est. Cap Rate

      4%
      NOI ÷ price

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $802K
      Suggested

    • Property Type

      Single Family Residence
      Built 1977
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    Totally Renovated Mixed-Use Income
    Updated: Apr 9
    Totally Renovated Mixed-Use Income

    190 Stevens Avenue, Cedar Grove, NJ 07009

    $1,200,000
    1,000 sqft
    2 totally renovated apartments plus an additional income unit
    Showroom space currently used for retail display
    Asphalt shingle roof
    Sidewalks on the exterior
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Cedar Grove, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Downtown Retail and Apartments
    Mixed-Use Downtown Retail and Apartments

    522 Bloomfield Ave, Verona, NJ 07044

    $1,500,000
    5,360 sqft

    Downtown mixed-use building with multiple retail spaces and apartments, positioned across from Verona Park.

    View details
    Duplex With Separate Utilities
    Duplex With Separate Utilities

    9 Walnut St, Little Falls, NJ 07424

    $689,000
    0.13 AC lot

    Two tenant-occupied apartments feature dedicated kitchens, in-unit laundry, and basement storage.

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    Updated Two-Family Duplex
    Updated Two-Family Duplex

    56 Pine St, Verona, NJ 07044

    $724,950

    Vacant apartments feature separate utilities, gas heat, private outdoor space, and an unfinished basement.

    View details
    Updated Two-Family Home
    Updated Two-Family Home

    77 Stevens Avenue, Little Falls, NJ 07424

    $729,000

    Two fully updated units feature separate utilities, private backyard access, and a fully waterproofed basement with laundry.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

    View details
    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

    View details

    Off-Market Properties in Cedar Grove, NJ

    Consider similar Off-Market properties in Cedar Grove, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    248 Grv Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    248 Grv Ave, Cedar Grove, NJ 07009-1436

    $1,030,000
    Estimated value
    2.45 AC lot
    View details
    1059 Pompton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1059 Pompton Ave, Cedar Grove, NJ 07009-1156

    $920,000
    Estimated value
    2.92 AC lot
    View details
    1343 Pompton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1343 Pompton Ave, Cedar Grove, NJ 07009-1009

    $2,950,000
    Estimated value
    12,060 sqft 3.03 AC lot
    View details
    173 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    173 Rdg Rd, Cedar Grove, NJ 07009-2060

    $595,000
    Estimated value
    0.78 AC lot
    View details
    655 Pompton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    655 Pompton Ave, Cedar Grove, NJ 07009

    $860,000
    Estimated value
    2.98 AC lot
    View details

    Cedar Grove, NJ Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Cedar Grove, NJ on our real estate platform. These investment opportunities span a total of 4,356 square feet of properties for sale, with an estimated market value of $2,599,000.

    Sale prices for multifamily properties in Cedar Grove, NJ start at $1,200,000, averaging $1,299,500, and reaching up to $1,399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +6.3%
    Median Household Income $153,654
    College Educated 81.6%

    High-Yield Neighborhoods for Investment

    Identify Cedar Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07009 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $16.01 per SF
    Tax Rate vs County Average 0.50 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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