397 Passaic AVE, Lodi, NJ 07644
397 Passaic AVE, Lodi, NJ 07644
397 Passaic AVE, Lodi, NJ 07644
397 Passaic AVE, Lodi, NJ 07644
397 Passaic AVE, Lodi, NJ 07644
397 Passaic AVE, Lodi, NJ 07644
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Listed by Michael Malady Realty One Group Paramount
$ 949,000
Est. payment | /mo

Save
$ 949,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family, Commercial

Sub Type Res/Com Mixed

Listing Status Active Attorney Review

Purchase Type For Sale

MLS Listing ID 26004362

Style Res/Com Mixed

Property Sub-Type Res/Com Mixed

Property Description

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.

Location

State NJ

County Bergen

New Jersey MLS (NJMLS)

Nearby Locations

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Jaynie Carlucci

Jaynie Carlucci

Agent | License ID: 1974183

+1(908) 873-7306

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397 Passaic AVE