Duplex with Oversized
168 Paterson Ave, Lodi, NJ 07644
For Sale
New
$1,300,000
Multi-Family, 2-Two Story, Lodi Boro, NJ
Property Size5,157 SF
Lot Size0.17 Acres
Price / SF$252.08
Days on Market6
Property Features for 168 Paterson Ave
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Patio and Porch features
Interior features
Exterior features
Subdivision
Directions
Standard status
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Amenities
sunroom
garage
finished basement
landscaped backyard
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
BHGRE ELITE
Listed By:
JAZMINE CLAUSEN-SOIR · License NJ #1750907
(908) 316-8530
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 9 at 10:06PM
MLS# 4062994
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1989 duplex contains two residential units with a combined reported floor area of approximately 5,157 square feet on a 0.17-acre lot. The primary residence has five bedrooms and five full bathrooms, two living rooms, two dining areas, and a skylighted sunroom. A finished basement and large garage add further space. The second unit includes two bedrooms, two bathrooms, a kitchen, refrigerator, washer, and dryer, with a private entrance. Its interiors have been freshly painted and the flooring updated.
The property is in Lodi, Bergen County, near shopping, dining, public transportation, and Routes 17, 46, and 80. Public water and sewer serve the property. Exterior features include a patio, storage, sprinkler system, and outdoor kitchen.
The property is in Lodi, Bergen County, near shopping, dining, public transportation, and Routes 17, 46, and 80. Public water and sewer serve the property. Exterior features include a patio, storage, sprinkler system, and outdoor kitchen.
Key Highlights
- Two residential units with 7 bedrooms and 7 bathrooms combined
- Approximately 5,157 square feet of reported floor area on a 0.17‑acre lot
- Primary residence includes a skylighted sunroom, finished basement, and large garage
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.
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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
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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 residential units provide separate living arrangements, including one with its own entrance.
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: Two residential units with 7 bedrooms and 7 bathrooms combined; Approximately 5,157 square feet of reported floor area on a 0.17‑acre lot; Primary residence includes a skylighted sunroom, finished basement, and large garage
