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HTB Dance Studio 614 Pompton Ave 2,954 SF Retail Building Cedar Grove, NJ 07009 $849,000 ($287.41/SF)
Investment Highlights
- Prime location on Pompton Avenue with excellent visibility in a busy commercial corridor.
- Convenient access to local highways and strong neighborhood connectivity.
- 0.33-acre lot with adaptable space in a historically established property.
- Zoned for multiple retail or professional uses with a two-story layout.
- Surrounded by dining, retail, and residential communities within walking distance.
Executive Summary
Excellent Opportunity to purchase a beautifully renovated DanceyYoga/ Arts Studio. Two floors of open studio space. Lower level changing room, lockers and storage. Main level lobby office, studio and restroom. Upper level studio Full Bath with walk in shower and large private room or potential bedroom. Two car detached garage and private parking lot. Main business district with shopping, restaurants, municipal center within walking distance. Also available for potential lease.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$44,053,002
|
$14,913.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$44,053,002
|
$14,913.00
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $44,053,002 |
| Annual Per SF | $14,913.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $44,053,002 |
| Annual Per SF | $14,913.00 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,954 SF
Building Class
C
Year Built/Renovated
1925/2021
Price
$849,000
Price Per SF
$287.41
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.33 AC
Zoning
N/Av - Commercial/Retail Business District
Parking
11 Spaces (3.72 Spaces per 1,000 SF Leased)
Frontage
100’ on Pompton Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00110-0000-00173 | Total Assessment | $555,000 |
| Land Assessment | $261,000 | Annual Taxes | $44,053,002 ($14,913.00/SF) |
| Improvements Assessment | $294,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
04-00110-0000-00173
Land Assessment
$261,000
Improvements Assessment
$294,000
Total Assessment
$555,000
Annual Taxes
$44,053,002 ($14,913.00/SF)
Tax Year
2025
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HTB Dance Studio | 614 Pompton Ave
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