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Property profile & analytics
OFF-MARKET Estimated value $6,370,000
Commercial real estate

400 Pompton Ave 422 Cedar Grove, NJ 07009-1813

2.86 ac lot Built 1955
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1537785
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Construction CONCRETE BLOCKS
Lot 2.86 ac (124,765 SF)
Zoning code RC
APN 04 00110-0000-00028
UPID US59-1537785
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.06M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.37M
Owner & transaction history
Aykk LLC · 4 yrs held
Aykk LLC
since 2022
Last sale
$5.7M
3 recorded transactions
2022
$5.7M
2005
$1
1969
Price N/A
Zoning & alternative use
RC · Cedar Grove, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RC Restricted Commercial Zone. The RC Zone is located in several different areas on both sides of Pompton Avenue. The zone is designated for nonresidential uses limited in a manner intended not to adversely affect the development and vitality of the B District as a well-defined central shopping area. The permitted uses in the RC Zone are designed to encourag…

Zone name Restricted Commercial District
General category COMMERCIAL
Zone area 98.06 ac
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