$949,000

397 Passaic Ave Lodi, NJ 07644

Estimated payment $6,086/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Michael Malady

Realty One Group Paramount Listed on: 02/08/2026

Realty One Group Paramount

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,770

Home Design

  • Flat Roof Shape
  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$13,770

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: 201-347-3255
  • MLS Status: Active - Active
  • Directions: Main Ave to Passaic Ave
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt, Flat

Lot Info

  • Lot: 55

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2026 02/08/26 For Sale $949,000 0.0% --
06/29/2024 06/29/24 Rented $1,800 0.0% --
05/21/2024 05/21/24 For Rent $1,800 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 26004362

New Jersey MLS