List Search

1425 Pompton Ave
Cedar Grove, NJ 07009

$550,000 USD

Medical Condo For Sale  •  3,270 SF

Property Details

  • Property Type Medical
  • Total Building Size 10,000 SF
  • Lot Size 0.95 AC
  • Building Class C
  • Year Built 1988
  • Tenancy Multiple
  • Zoning R-10
0 Transit Score
62 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1A & 2A Medical Office 3,270 SF $550,000 USD
  • Unit Size: 3,270 SF
  • Condo Use: Medical Office
  • Price: $550,000 USD
  • Sale Type: Investment
  • Price/SF: $168.20 USD
Description
Two units are currently leased to a medical tenant.   45 Parking spaces.  Central Air. Public Water & Sewers.

Sale Notes
Excellent Investment opportunity.  Two units are currently leased to a medical tenant with an annual gross of $67,650 and an NOI of $45,453 yielding an 8.3% cap rate.  It is located in a great professional complex— an excellent location to all major roads.  The best time to show is on Tuesdays and Fridays.

Amenities

  • Central Heating
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Little Falls (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 13 min 0.7 mi
Wayne/Route 23 Transit Center (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Little Falls (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Newark Liberty International 26 min - 20.9 mi
LaGuardia 43 min - 30.6 mi
John F Kennedy International 54 min - 41.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Samuel Bonfante 908-963-8722 Coldwell Banker Commercial Realty
Samuel Bonfante 908-963-8722 Coldwell Banker Commercial Realty