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Retail Property for Sale
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119 US-46, Lodi, NJ 07644

Retail property available for purchase.

Property Size18,540 SF
Price / SF$161.54
Days on Market1349

Property Features for 119 US-46

General Information

Standard status Active
Size 18,540 SF
Total Parking Spaces 50
Property subtype Retail
Occupancy 100%
Lease Type NNN

Building Details

Tenancy Multi
Listing Agency: Jeffery Realty
Listed By: Brian Battista · License #NJ 0898616
Source: Crexi
Added: Feb 7, 2023 Changed: Oct 5 Last Checked: Oct 16 at 6:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeffery Realty

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property offers 18,540 square feet of space and is available for sale.

Key Highlights

  • No property information provided.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$264,627
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,292,540 $5.3M
Cap Rate 7%
$3,780,386 $3.8M
Cap Rate 9%
$2,940,300 $2.9M
Market Conditions
NOI Build-Up for 18,540 SF
Gross rent
$400.5K $21.60/SF
− Vacancy
−$22.4K −$1.21/SF
EGI
$378.0K $20.39/SF
− OpEx
−$113.4K −$6.12/SF
NOI
$264.6K $14.27/SF
Area
Bergen County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,292,540
Cap Rate 7%
$3,780,386
Cap Rate 9%
$2,940,300

Alternative Uses

Best Use
Retail
$3.78M
$3.31M – $4.41M (±1% cap)
NOI $264,627 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.84M
$4.24M – $5.65M (±1% cap)
NOI $338,882 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Law Firm Daycare Center Florist (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,306
Businesses Nearby
200k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 48% Groceries 35% Dining 15% Beauty & Spa 1%
ShopRite Groceries
46,959 visits/mo 0.4 miles
Dollar Tree Shops & Services
33,709 visits/mo 0.4 miles
Aldi Groceries
22,204 visits/mo 0.5 miles
QuickChek Shops & Services
21,132 visits/mo 0.1 miles
Burger King Dining
16,678 visits/mo 0.5 miles

Demographics for 07644, NJ

26,206
Population
9,864
Households
2.7
Avg Household Size
39
Median Age
28%
College-Educated
85%
High-School Grad
2.3 sq mi
ZIP Area
11,394
Density / Sq Mi
$84,570
Median Household Income
$48,142
Median Earnings
$1,675
Median Rent
$449,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail property available for purchase.
Where is this retail space located?
The property is located at 119 US-46 Lodi, NJ.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: No property information provided.
(908) 963-1524 Call to check price and availability
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