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Four-Unit Residential Property
For Sale
$979,000

130 Garfield Ave, Lodi, NJ 07644

Two separate buildings provide a mix of one-, two-, and three-bedroom residences with individually metered utilities.

Property SizeContact for details
Days on Market41

Property Features for 130 Garfield Ave

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $58,052

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 1BR, 1 x 3BR, 2 x 2BR
Multifamily Units 4
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Amenities

Carbon Monoxide Detector
Smoke Detector

Building Details

Year Built 1950
Buildings 2
Units 4
Listing Agency: Serhant New Jersey LLC
Listed By: Michael N Todaro
Source: Culturaunitedrealty
Added: Sep 14 Changed: Oct 23 Last Checked: Oct 23 at 4:37PM

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 Serhant New Jersey LLC

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property comprises two buildings on one lot, with 16 rooms, eight bedrooms, and four full bathrooms. The unit mix includes one one-bedroom apartment, two two-bedroom apartments, and one three-bedroom apartment. Two units have been renovated within the past two years, and the property dates to 1950. Each unit has separate utilities.

Two of the four apartments are rented below market, and the property currently generates $6,300 in monthly gross income. Its location is described as close to a train station, public transportation, schools, shopping, and major highways.

Key Highlights

  • Four residential units across two buildings on one lot
  • Unit mix: one one‑bedroom, two two‑bedroom, and one three‑bedroom apartments
  • 16 rooms, eight bedrooms, and four full bathrooms

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two separate buildings provide a mix of one-, two-, and three-bedroom residences with individually metered utilities.
Where is this quadplex located?
The property is located at 130 Garfield Ave Lodi, NJ.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Four residential units across two buildings on one lot; Unit mix: one one‑bedroom, two two‑bedroom, and one three‑bedroom apartments; 16 rooms, eight bedrooms, and four full bathrooms
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