Pompton Ave
Cedar Grove, NJ 07009
Pompton Ave
Cedar Grove, NJ 07009
Created:
Due Diligence Pending
Equity StructureHybrid Equity
Equity Seeking$ 400,000
Luxury Mixed-Use Condo Conversion & Redevelopment Opportunity – Cedar Grove, NJ
Total Raise$ 1,700,000
Equity Seeking$ 400,000
Sponsor Co-Investment$ 300,000
Debt Financing$ 1,000,000
Preferred Return10%
Profit Split (Investor/Sponsor)70 / 30
Project TypeReal Estate
Hold Period12–18 Months
Lot Size Ac / Sq Ft0.18 / 7,632
ZoningMixed-Use / Commercial
Entitlement StatusIn Process
Permit StatusSubmitted / In Plan Check
Projected # Units5
Projected Building Size (Sq Ft)6,000
Projected # of Stories2
Estimated Resale Price$ 2,400,000
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Property Location
J
John K.
Broker / Agent
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