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Property profile & analytics
OFF-MARKET Estimated value $515,000
Industrial properties

444 Pompton Ave Cedar Grove, NJ 07009-1813

1.11 ac lot
Entity Owned 28-yr Hold Free & Clear
Property ID
US59-1099372
Property summary
AI-generated overview

This exceptional 1.66-acre land parcel, located at 444 Pompton Avenue in Cedar Grove, New Jersey, presents a unique redevelopment opportunity. The property consists of two lots, encompassing a significant area ideal for various commercial ventures. Situated in a prime location within the 07009 zip code, this land is zoned B – Retail Shopping, offering considerable flexibility for development. Permitted uses under this zoning include retail stores, shops, markets, retail services, shopping centers, business and professional offices, apartments (above the first floor only, with a principal permitted use on the ground floor), museums, libraries, theaters, funeral homes, and childcare centers. The property's substantial size and strategic location make it an attractive investment for developers seeking to capitalize on the thriving commercial landscape of Cedar Grove. With its convenient access to major transportation routes and a strong local economy, this land parcel offers exceptional potential for significant return on investment. Detailed zoning information is readily available upon request. This is a rare opportunity to acquire a large, well-located parcel in a desirable New Jersey community. Don't miss out on this chance to build your next successful commercial project.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction FRAME
Lot 1.11 ac (48,352 SF)
Zoning code B
APN 04 00110-0000-00051
UPID US59-1099372
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
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
MWJ CORP
MWJ CORP
Zoning & alternative use
B · Cedar Grove, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B Retail Shopping Zone (no minimum lot size). The B Zone is intended for the conduct of general business which supplies the basic current family needs, including but not limited to such retail stores as drug, food, clothing and hardware and, in addition, such other uses as theaters and restaurants. In addition, it is the intent of this zone to promote the de…

Zone name Retail Shopping
General category COMMERCIAL
Zone area 39.19 ac
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