Date
Details
Price
Change
Source
10/16/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 54 Wanaque Ave
General
- Price: $625,000
- Taxes: $9,228 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4059624
- Updated: 10/17/2026
- Added to Site: 2 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease/Rent Term: Modified
- Lease Terms: 1 Year Minimum, Options Available
Interior
- Flooring: Carpeting, See Remarks, Tile, Vinyl-Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Restrooms - Private
Parking
- Parking: Additional Parking, Blacktop, Parking Lot-Exclusive
Location
- County: Passaic
- Driving Directions: Ringwood Avenue to Wanaque Avenue or Hamburg Turnpike to Wanaque Avenue
- Location Details: Business District, Corner, Freestanding
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 3 Units, See Remarks
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Walk-Out
- Roof: Flat
- Ceiling Height: 8
- Loading: None
- Stories in Building: 3
- Square Feet: 2,795
- Aprox. Leasable: 2,795 Sq. Ft.
- Office: 900 Sq. Ft.
- Year Built: 1950
Unit Information
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.29
- Lot Size: 0.29 AC
- Zoning: Comm/Mixed
- Lot Description: Corner, Irregular Lot
Financial Considerations
- Expenses: Maintenance - Exterior, Snow Removal
- Assessment Amount: $223,400
- Land Assmt: $165,400
- Tax Amount: $9,228
- Tax Year: 2025
- Owner Pays: See Remarks
- Tenant Pays: Electric, Gas, Heat, Hot Water, Repairs, Snow Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases, Survey Available
- APN: 2509-02400-0000-00002-0000-
- Block: 2400
- Lot Number: 2
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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We Value Your Privacy
We Value Your Privacy
Meet the listing agent
Meet the listing agent
— 54 Wanaque Ave —
(845) 634-0400 direct
(973) 418-3516 mobile
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 54 Wanaque Ave
School District:Pompton Lakes Borough School District
| Name | Grades | Distance |
|---|---|---|
Lenox School 35 Lenox Avenue, Pompton Lakes, NJ 07442 | K-5 | 0.3 mi |
Lakeside Middle School 316 Lakeside Avenue, Pompton Lakes, NJ 07442 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54 Wanaque Ave
Tax History
Tax History for 54 Wanaque Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,229
8%
$223,400
—
2023
$8,567
1%
$223,400
—
2022
$8,503
1%
$223,400
—
2021
$8,411
33%
$223,400
—
2021
$6,304
-22%
$223,400
—
2018
$8,054
-2%
$223,400
—
2019
$8,197
-38%
$223,400
17%
2017
$13,227
1%
$190,200
—
2016
$13,082
1%
$190,200
—
2015
$12,994
5%
$190,200
—
2013
$12,424
—
$190,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 54 Wanaque Ave
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54 Wanaque Ave, Pompton Lakes, NJ 07442 (MLS# 4059624) is a Retail property. 54 Wanaque Ave is currently listed for $625,000 and was received on October 16, 2026. This property is listed by Barbara Pagella from our Hudson Valley Regional Office.Want to learn more about 54 Wanaque Ave? Do you have questions about finding other Retail real estate for sale in Pompton Lakes? You can browse all Pompton Lakes real estate or contact a Coldwell Banker agent to request more information.