Contacts

KW Commercial | Bruce Elia Jr. | Fort Lee
Property Details
- Property Type Multi-Family
- Property Size 7,000 SF
- Units 10
- Lot Size 0.18 Acre
- Property Tenancy Multi-Tenant
- Year Built 1970
- Year Renovated 2024
- Date Updated Jul 7, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 10 Residential Units | Fully leased and performing
- 6.01% Cap Rate on day one
- Cash-on-Cash Return: 4.0% (Year 1) with value appreciation over time
- Favorable buy-and-hold metrics with upside through modest rent growth
- Located in an area of minimal flood risk with no DEP or wetland restrictions
- Projected IRR: 14.5% over 10 years
- Strong operating income: $130,703 NOI
Getting around
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Walk Score ®
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Location
- City Lodi, NJ
- Neighborhood Lodi
- Zip Code 07644
- Market New Jersey
Points of Interest
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Essex Street
1.05 miles
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Wesmont
2.09 miles
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Kismet Limousine
2.18 miles
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New Bridge Landing
2.96 miles
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Teaneck Taxi
3.17 miles
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Passaic
3.81 miles
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Delawanna
4.50 miles
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River Edge
4.50 miles
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Meadowlands
4.55 miles
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Radburn
4.93 miles
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Delta
0.43 miles
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BP
0.69 miles
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Tesla Supercharger
0.88 miles
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Exxon
0.94 miles
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Valero
1.16 miles
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Shell
1.52 miles
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enrite
1.96 miles
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Blink
3.10 miles
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Tesla Destination Charger
6.63 miles
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Visitors Parking
0.85 miles
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Employee Parking Garage
0.98 miles
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Atlantic Street Parking Garage
1.00 miles
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Railroad Parking Garage
1.16 miles
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Wood-Ridge Athletic Complex South Parking Lot
1.88 miles
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Wesmont Station Parking
2.00 miles
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Student Parking
2.25 miles
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Student/Event Parking
2.37 miles
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Courts Lot
2.37 miles
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Stony Hill Inn
0.65 miles
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Hilton Hasbrouck Heights / Meadowlands
0.73 miles
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Home2 Suites
1.15 miles
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Travelodge South Hackensack
1.80 miles
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Element New York Wood Ridge
2.09 miles
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Horizon
2.15 miles
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Crowne Plaza
2.31 miles
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Marriott Saddle Brook
2.37 miles
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Garden Plaza Hotel
2.40 miles
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Rodeway Inn Capri
2.66 miles
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ShopRite
0.67 miles
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ALDI
0.75 miles
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Walmart Supercenter
1.22 miles
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Walmart
1.46 miles
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Burlington
1.56 miles
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Marshalls
1.56 miles
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Acme
1.76 miles
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Giant Farmers Market
1.81 miles
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Target
2.22 miles
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H Mart
2.55 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

KW Commercial | Bruce Elia Jr. | Fort Lee