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Commercial Sale For Sale

397 Passaic Avenue, Lodi, NJ 07644

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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.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26004362
Price:
$949,000
Year Built:
1900-1939
Status:
Active Under Contract
Office Name:
Realty One Group Paramount
Agent Name:
Michael
Roof:
Asphalt, Flat
Features
Architectural Style:
Res/Com Mixed
Address Map
Country:
US
State:
NJ
County:
BERGEN
City:
Lodi
Zipcode:
07644
Street:
Passaic
Street Number:
397
Street Suffix:
Avenue
Longitude:
W75° 54' 27.7''
Latitude:
N40° 52' 20.4''
Additional Information
On Market Date:
2026-02-09
Financial
Tax Annual Amount:
13770
Listing Information
List Agent Mls Id:
1006091
List Office Mls Id:
3541
Mls Status:
Under Contract
Modification Timestamp:
2026-05-12T16:36:30Z
Originating System Name:
njmls
Status Change Timestamp:
2026-05-12
Commercial Sale For Sale
Listing ID:
26004362
$949,000
Agent info
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