Walk the six blocks of Wanaque Avenue between Lenox and the lake this month and you'll pass a yoga studio that didn't exist a year ago, a dessert shop with new signage still smelling like fresh paint, and a six-story apartment building with its own café built into the ground floor. None of that is unusual on its own. What's unusual is that all of it landed in the same nine-month stretch, on a street that the borough has selected for a Complete Streets assessment of safety, walkability, bicycle access, and stormwater resilience.
That's the thing worth sitting with if you already live here. Pompton Lakes isn't adding businesses the way most small downtowns do, one storefront at a time as leases turn over. It's getting pulled in two directions simultaneously: small, independently owned shops opening in downtown, where a borough grant program offers support, on one side, and a 212-unit residential building with its own commercial footprint dropping in on the other. Both are aimed at the same six blocks.
The small-business wave nobody had to ask for
Downtown Pompton Lakes has a Business Improvement District, and for the past year it's been quietly funding the kind of reinvestment that shows up as a ribbon cutting rather than a headline. The BID offers grants for storefront signage, lighting, and facade work, along with support for businesses relocating or expanding within the district. A stretch of Wanaque Avenue that used to have a few visible vacancies now has fewer.
KORRA Pilates and Yoga opened on Wanaque Avenue this year, and the BID marked it with a ribbon cutting the way it has for other new arrivals. Cookies N Cream, a locally owned dessert shop, opened at Pompton Lakes Towne Square around the same window. Neither is a chain. They're the kind of small, owner-operated openings that a Business Improvement District exists to encourage, though it isn't clear whether either received BID support.
This is the bottom-up half of the equation. It's slow, and the borough and district also support small businesses. The new openings add maybe a dozen parking spots' worth of new foot traffic at a time. On its own, it's the normal churn of a downtown that's healthy enough to attract new tenants.
Then 212 units arrived with their own storefronts
The other half of the equation is Meridia Pompton Lakes, a 212-unit apartment building at 261 Wanaque Avenue from Capodagli Property Company, the developer behind similar Meridia projects in Bound Brook, South Orange, and Jersey City. Pre-leasing opened this summer, and the building isn't just apartments. It comes with its own ground-floor fitness center, an on-site café, street-level retail space, two private courtyards, and covered parking, all built into a downtown block that previously held none of that.
That's a different kind of growth than a yoga studio finding a vacant storefront. A 212-unit building with its own commercial ground floor is designed to generate its own foot traffic, independent of whatever else is happening on the block. Some of that traffic will spill onto the sidewalk in front of existing restaurants and shops. Some of it will stay inside the building's own retail space, competing for the same evening and weekend customers that Tony's Pizza, Mack's American Bar and Grill, The Blue Point, Axton's, and Epoch Asian Fusion have been splitting among themselves for years. Nobody knows yet which way that balance tips, because nothing this size has opened on Wanaque Avenue before.
Wanaque Avenue is part of a Complete Streets assessment
The transportation assessment adds another part of the downtown picture. Back in February 2026, months before Meridia's pre-leasing opened and around the same time the BID was cutting ribbons for KORRA, Pompton Lakes was selected for the North Jersey Transportation Planning Authority's Complete Streets Technical Assistance Program. The borough's own announcement named the corridor directly: Wanaque Avenue, in the heart of downtown, would get a full assessment of safety, walkability, bicycle access, and stormwater resilience.
The assessment adds a planning dimension to a year that has also brought new storefronts and a major residential project to the avenue.
"Wanaque Avenue is the heart of our downtown and an important gathering place for the community," Mayor Michael Serra said when the borough announced the assessment.
His description places the assessment in the context of Wanaque Avenue's role as a downtown gathering place.
What's changed on the ground in 2026, at a glance
- KORRA Pilates and Yoga opened downtown with a BID-hosted ribbon cutting, adding a wellness storefront to the retail mix
- Cookies N Cream opened at Pompton Lakes Towne Square as a new, locally owned dessert shop
- Meridia Pompton Lakes, a 212-unit building at 261 Wanaque Avenue, began pre-leasing this summer with its own café, fitness center, retail space, and covered parking
- The NJTPA Complete Streets assessment, launched in February 2026, is actively studying the Wanaque Avenue corridor for walkability, bike access, and stormwater upgrades
- The BID's facade and signage grant program continues to fund small-business improvements; separately, vacancies are down along the strip
What this means if you live a few blocks off Wanaque
None of this changes what's already there. Tony's Pizza has been feeding this town since 1963 and isn't going anywhere. The restaurants that anchor weeknight dinners on Wanaque Avenue aren't being displaced, but new neighbors could bring additional customers and could also compete for existing ones.
What it does mean is that the next twelve months on this stretch will look different from any twelve-month stretch in Pompton Lakes' recent memory. If the Complete Streets assessment results in a redesigned crosswalk, added bike lanes, or changed parking rules, that's a physical change to how you get from your car or your front door to the businesses you already use. If Meridia's retail space fills with tenants that compete directly with existing shops rather than complementing them, that's a shift in what "downtown" means for a strip that's operated the same way for decades. If it fills with businesses that draw people who weren't already coming to Wanaque Avenue, the small operators who just opened on the avenue stand to benefit from more people walking past their doors.
Both outcomes are plausible. Nobody has enough data yet to say which one wins, because the building hasn't finished leasing and the street study hasn't finished its assessment. What's certain is that a downtown this size doesn't often absorb a 212-unit building and a wave of small-business openings and a formal walkability study in the same calendar year. Whatever Wanaque Avenue looks like a year from now, it won't look like it does today, and that's true whether you're grabbing a slice at Tony's or watching how it all comes together.
If you're weighing what any of this means for your own plans in Pompton Lakes, whether that's staying put and watching downtown evolve or thinking through what a future move might look like, Joseph Simone has spent decades reading exactly this kind of local signal. Request a free home valuation and local market consultation to talk through what a changing Wanaque Avenue could mean for your street.
