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Property profile & analytics
OFF-MARKET Estimated value $1,195,000
Commercial real estate

505 Pompton Ave Cedar Grove, NJ 07009-1701

0.23 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-0075509
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.23 ac (9,940 SF)
Zoning code B
APN 04 00150-0000-00102
UPID US59-0075509
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
$1.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M
Owner & transaction history
505 Pompton Ave Building LLC · 5 yrs held
505 Pompton Ave Building LLC
since 2021
Last sale
$1.1M
4 recorded transactions
2021
$1.1M
2007
$200,000
1969
Price N/A
1969
Price N/A
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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