397 Passaic Avenue, Lodi, NJ 07644

Lodi
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
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:44 day(s) ago
  • Updated:March 19, 2026 at 04:01 PM

Finances and disclosures

  • Price:$949,000
  • Tax amount:$13,770
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Maturo are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: March 19, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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