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30 Pompton Ave 8,400 SF Retail Building Cedar Grove, NJ 07009 $2,350,000 ($279.76/SF)

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INVESTMENT HIGHLIGHTS

  • Recently renovated exterior with modern facade
  • Located in Pilgrim Shopping Plaza with national co-tenants
  • 133’ of prime frontage on high-traffic Pompton Avenue

EXECUTIVE SUMMARY

Located in the vibrant Pilgrim Shopping Plaza along Route 23, this 8,400 SF single-tenant retail building offers a prime opportunity for owner-users or investors seeking visibility, accessibility, and strong demographics. The property features a recently renovated façade and exterior upgrades, enhancing curb appeal and positioning it well for retail, restaurant, or service-oriented uses. With 133 feet of frontage on Pompton Avenue and 42 dedicated parking spaces, the site ensures excellent customer access and convenience.
The building spans three floors and previously operated as a restaurant, making it well-suited for food service conversion or adaptive reuse. The RC zoning provides flexibility for a range of commercial uses. Surrounding tenants include national brands such as Crunch Fitness, Staples, Massage Envy, and GNC, contributing to consistent foot traffic and a strong co-tenancy environment.
Demographics within a 1-mile radius show an average household income of $131,744, with nearly 28,000 residents and over 600 businesses within a 5-mile radius. This affluent and dense consumer base supports a wide range of retail and service concepts. The property’s location near Montclair and Verona adds to its regional appeal, with proximity to major thoroughfares and public transit options.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,400 SF
Building Class
C
Year Built
1937
Price
$2,350,000
Price Per SF
$279.76
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.53 AC
Zoning
RC, Cedar Grove
Parking
37 Spaces (4.4 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Crunch Fitness
AKT
Kings
Wells Fargo Home Mortgage
Cheddar's Scratch Kitchen
Blimpie
Cross Fit Bridge
Chase Bank
TD Bank
Valley National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00027-0000-00201
Land Assessment
$718,700
Improvements Assessment
$196,300
Total Assessment
$915,000
  • Listing ID: 38065972

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 30 Pompton Ave, Cedar Grove, NJ 07009

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