- ERA
- New Jersey
- Lodi
- 397 Passaic Avenue
397 Passaic Avenue, Lodi, NJ 07644
Local realty services provided by:ERA Queen City Realty
397 Passaic Avenue,Lodi, NJ 07644
$949,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael malady
Office: realty one group paramount
MLS#:26004362
Source:NJ_MLS
Price summary
- Price:$949,000
About this home
Eclectic mixed-use brick property offering exceptional income potential with five separate revenue streams, private parking, and a prime layout. A fully rented ground-level convenience store generates $2,000/month, with residential apartments located above the commercial space, including a one-bedroom unit at $1,200/month and a two-bedroom unit at $1,825/month. The property also includes a separate single-family residence producing $1,880/month and two income-producing garages at $150/month. This asset features separately metered utilities, strong upside in rents, and low annual taxes of only $13,770, making it an ideal opportunity for investors or owner-operators seeking stable cash flow with long-term appreciation and value-add potential.
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Home facts
- Listing ID #:26004362
- Added:1 day(s) ago
- Updated:February 11, 2026 at 04:18 PM
Finances and disclosures
- Price:$949,000
- Tax amount:$13,770
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