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    Cedar Grove, NJ
    Residential Income

    Cedar Grove, NJ Residential Income Properties for Sale

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    Verona, NJ Montclair, NJ Little Falls, NJ Caldwell, NJ West Orange, NJ Totowa Boro, NJ Totowa, NJ Woodland Park, NJ
    Investment Property with Basement
    Updated: Mar 10
    Investment Property with Basement

    509 Pompton Ave, Cedar Grove, NJ 07009

    $1,180,000
    3,058 sqft 0.16 AC lot
    Prime location investment property
    Approximately 3058 sq ft plus a large 2100 sq ft basement
    Includes 6 parking spaces behind the building
    Two AC units for climate control
    Features two bathrooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    509 Pompton Ave, Cedar Grove Twp., NJ 07009-1701

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    • Est. Cap Rate

      4%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Mortgage

      $400K
      Nov 2018

    • Last Sold

      Nov 2018
      $504K

    • Property Type

      Commercial (General)
      Built 1947
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    Duplex with Fenced Outdoor Space
    Updated: Jun 21
    Duplex with Fenced Outdoor Space

    822 Pompton Ave, Cedar Grove, NJ 07009

    $1,425,000
    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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    Totally Renovated Mixed-Use Income
    Totally Renovated Mixed-Use Income

    190 Stevens Avenue, Cedar Grove, NJ 07009

    $1,200,000
    1,000 sqft

    For-sale property with two renovated apartments and a showroom space currently used for retail display in Cedar Grove.

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    Oversized Lot Residential Income Property
    Oversized Lot Residential Income Property

    822 Pompton Ave 2, Cedar Grove, NJ 07009

    $1,425,000
    276.00 AC lot

    Residential income property on an oversized, deep lot that may allow professional use or townhome development with town approval.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 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 4 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.

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    Two-Unit Duplex with In-Unit Laundry
    Two-Unit Duplex with In-Unit Laundry

    9 Walnut St, Little Falls, NJ 07424

    $689,000
    0.13 AC lot

    Three-story duplex offers two apartments with in-unit laundry and separate gas and electric meters for easier management.

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    Well-Maintained Three-Family Property
    Well-Maintained Three-Family Property

    142 Pompton Ave, Verona, NJ 07044

    $599,900
    0.11 AC lot

    Fully rented three-family property near schools, shopping, and highways.

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    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.

    Residential Land in Caldwell Boro
    Residential Land in Caldwell Boro

    51 Crane St, Caldwell, NJ 07006

    $209,000
    0.14 AC lot

    Residential land available for building a dream house.

    View details
    Approved Multi-Unit Development Site
    Approved Multi-Unit Development Site

    Elmwood Park, NJ 07407

    $5,000,000
    1.04 AC lot

    Approved 58-unit development site with permits in place.

    View details
    Residential Development Opportunity, East Orange
    Residential Development Opportunity, East Orange

    275 N Maple Ave, East Orange, NJ 07017

    $280,000
    3,830 sqft 0.90 AC lot

    Residential land for development in East Orange, New Jersey.

    View details
    Two Adjacent Development Land Parcels
    Two Adjacent Development Land Parcels

    20-22 Washington Ave, Belleville, NJ 07109

    $850,000
    0.12 AC lot

    Two adjacent Belleville Township parcels offer a larger building footprint for ground-up development concepts.

    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 Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Cedar Grove, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,414 square feet of properties for sale, with an estimated market value of $5,230,000.

    Sale prices for residential income properties in Cedar Grove, NJ start at $1,180,000, averaging $1,307,500, and reaching up to $1,425,000 — 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

    Multifamily properties 3
    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 $1.3M

    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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