54 Wanaque Ave, Pompton Lakes Boro, NJ 07442

$625,000

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List Price
$625,000
MLS#
4059624
Year Built
1950
Status
ACTIVE
County
Passaic
City
Pompton Lakes Boro
Acres
0.29

Property Description

Prime Mixed-Use Commercial Investment Opportunity Downtown Pompton Lakes: Exceptional opportunity in the heart of downtown Pompton Lakes! Ideally situated along Wanaque Avenue, this well-maintained property offers excellent visibility, established retail tenancy, and residential income potential. Featuring approximately 2,795 square feet across three levels, including the basement, the building presents a versatile opportunity for investors and owner-occupants. The main level features two separate retail units, approx 450 square feet each, both currently leased to established, long-term tenants. The second floor offers an approx. 1,050-square-foot residential unit featuring two bedrooms. A significant feature of this property is the expansive rear yard and substantial open green space, a valuable amenity in a downtown commercial setting. Beautifully maintained grounds, mature shade trees, and an elevated deck create an inviting outdoor environment with numerous possibilities. The generous open area provides flexibility for outdoor enjoyment or potential business-related uses. A full walkout basement provides additional storage and ancillary space. Conveniently located with access to Passaic, Morris, and Bergen Counties, this property combines existing commercial rental income, residential flexibility, excellent street exposure, and an impressive amount of outdoor space. A distinctive mixed-use investment opportunity in Pompton Lakes established downtown business district.

Additional Information

Taxes
$9,228
Cooling
No Cool
Exterior
Aluminum
Heating
3 Units, See Remarks
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Corner, Irregular Lot

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Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 973-418-3516

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