7-Bedroom Brick
168 Paterson Ave, Lodi, NJ 07644
For Sale
New
$1,300,000
Two separate residences provide a five-bedroom primary home and a private-entry two-bedroom unit.
Property Size5,157 SF
Lot Size0.17 Acres
Price / SF$252.08
Days on Market1
Property Features for 168 Paterson Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
sunroom with skylights
landscaped backyard oasis
large garage
fully finished basement
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
Bhgre Elite
Listed By:
Jazmine Clausen-Soir · License #275171
(908) 316-8530
Source:
Srrealestategroup
Added: Nov 6
Last Checked: Nov 6 at 5:31AM
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 Bhgre Elite
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Investment Insights
Based on property information with market context.
This 1989 brick duplex contains 5,157 square feet across two residential units, with seven bedrooms and seven bathrooms in total. The main residence includes five bedrooms, five full bathrooms, two living rooms, a formal dining room, a second dining area, and a skylit sunroom. A two-bedroom, two-bathroom unit has its own entrance, kitchen, refrigerator, washer, and dryer. The property also has a finished basement and a garage.
The property is in Lodi, Bergen County, near shopping, dining, public transportation, and Routes 17, 46, and 80. Walk Score is 69, Bike Score is 50, and Transit Score is 51.
The property is in Lodi, Bergen County, near shopping, dining, public transportation, and Routes 17, 46, and 80. Walk Score is 69, Bike Score is 50, and Transit Score is 51.
Key Highlights
- 5,157 square feet across two residential units
- Built in 1989 with brick construction
- Main residence has 5 bedrooms and 5 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,308
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,160
$1.7M
Cap Rate 7%
$1,232,971
$1.2M
Cap Rate 9%
$958,978
$959.0K
Market Conditions
NOI Build-Up for 5,157 SF
Gross rent
$131.8K $25.56/SF
− Vacancy
−$8.5K −$1.65/SF
EGI
$123.3K $23.91/SF
− OpEx
−$37.0K −$7.17/SF
NOI
$86.3K $16.74/SF
Area
Bergen County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,726,160
Cap Rate 7%
$1,232,971
Cap Rate 9%
$958,978
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,308 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$1.13M
$991.3K – $1.32M
NOI $79,304 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,262 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,164
Businesses Nearby
Explore this area
Business Placement
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
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Market
Properties on Market for Duplexes in Lodi
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide a five-bedroom primary home and a private-entry two-bedroom unit.
Where is this duplex located?
The property is located at 168 Paterson Ave Lodi, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 5,157 square feet across two residential units; Built in 1989 with brick construction; Main residence has 5 bedrooms and 5 full bathrooms
