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385 Passaic Avenue

Lodi, NJ 07644
  • $999,000
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: 24016811
UPDATED: 111 min ago
$999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Value Add Opportunity! Approved seven large apartment conversions (all at free-market rent)! This property presents a great opportunity for investors or developers to transform a vacant commercial building into a profitable residential complex. With approved conversion plans for 7 (2 bedrooms, two baths per unit) apartments, this project is poised to meet the growing demand for quality housing in Lodi. The current solid building has been completely gutted and ready for construction. Off-street parking is included as part of approvals. Sweat equity can yield a 10+ cap.***Reach out to Georgemarogi@kw.com for approvals, resolution, & proforma.

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© 2024 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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. Data last updated: 2024-07-19T15:18:22.013.
www.pickpina.com/homes/151097002
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385 Passaic Avenue Lodi, NJ 07644

  • Price: $999,000
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 111 min ago
  • MLS #: 24016811
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lodi
County:
Bergen
Area:
Lodi
Property Description
Value Add Opportunity! Approved seven large apartment conversions (all at free-market rent)! This property presents a great opportunity for investors or developers to transform a vacant commercial building into a profitable residential complex. With approved conversion plans for 7 (2 bedrooms, two baths per unit) apartments, this project is poised to meet the growing demand for quality housing in Lodi. The current solid building has been completely gutted and ready for construction. Off-street parking is included as part of approvals. Sweat equity can yield a 10+ cap.***Reach out to Georgemarogi@kw.com for approvals, resolution, & proforma.
Exterior Features

Style Retail Sub Style Free Std Waterfront None

Interior Features

Heat Cool Gas

Property Features

Building Or Complex None Flood Plain None Ownership Private Rent Includes O/See Rmrks Taxes 15295 Utilities O/See Rmks

Listing provided by Tony Nabhan of Keller Williams City Views Realty: (201) 592-8900.


© 2024 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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. Data last updated: 2024-07-19T15:18:22.013.
 
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789 Clifton Avenue
Clifton NJ, 07013