184 Pompton AveVerona, NJ 07044

  • Other commercial real estate
  • 2,688 SF
For Sale
$949,900 View listing

Property Details for 184 Pompton Ave

Year built
1960
Lot size
0.17 AC
Property size (Sq ft)
2,688 SF
Property type
Other commercial real estate
APN
20 00910-0000-00008
APU
2000910000000008

Description

This exceptional investment opportunity presents a well-maintained, two-story office building situated on a highly visible and accessible road in Verona, New Jersey. Spanning 2,600 square feet and situated on a 0.17-acre lot, the property boasts excellent visibility due to its location on a heavily traveled thoroughfare. Currently generating a consistent income stream, the building is fully occupied by established tenants: a dentist's office on the first floor and a doctor's office on the second. Each suite benefits from separate utility meters, ensuring efficient cost management. The building is equipped with central air conditioning and heating, providing year-round comfort for occupants. Ample parking is available with dedicated spaces for tenants and visitors, enhancing convenience and accessibility. This property is perfectly suited for investors seeking a stable, high-traffic location with existing, reliable tenants. The building's versatile layout and prime location in Verona offer significant potential for long-term growth and return on investment. This is a rare opportunity to acquire a turnkey commercial property in a desirable New Jersey market. The asking price is $949,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $508,675
    Hospitality
    $465,943
    Educational
    $387,659
    Medical
    $400,992
    Retail
    $603,026
184 Pompton Ave, Verona, New Jersey

Location Insight

City
Verona
County
Essex
State
New Jersey
Latitude
40.8313
Longitude
-74.2285
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,205
$336,400
$372,100
$708,500
-
$336,400
$372,100
$708,500

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