Multifamily
For Sale
$599,000
19 Summer St, Lodi, NJ 07644
Schools, parks, retail, and major commuting routes are nearby.
Property Size1,540 SF
Price / SF$388.96
Days on Market35
Property Features for 19 Summer St
General Information
Standard status
Active
Size
1,540 SF
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,035
Building Details
Building Size
1,540 SF
Year Built
1905
Listing Agency:
PRESTIGE PROPERTY GROUP MONTCLAIR
Listed By:
DARWIN A. MATOS
(973) 860-7595
Source:
Tkregroupinc
Added: Oct 1
Changed: Nov 2
Last Checked: Nov 3 at 9:00AM
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 PRESTIGE PROPERTY GROUP MONTCLAIR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property at 19 Summer St in Lodi, New Jersey, was built in 1905. The available property details identify it as a multifamily asset without specifying its unit count, interior layout, or building features.
Schools, parks, shopping, and major commuting highways are described as nearby, placing the property within reach of everyday services and regional travel routes.
Schools, parks, shopping, and major commuting highways are described as nearby, placing the property within reach of everyday services and regional travel routes.
Key Highlights
- Built in 1905
- Nearby schools, parks, shopping, and major commuting highways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,682
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,640
$473.6K
Cap Rate 7%
$338,314
$338.3K
Cap Rate 9%
$263,133
$263.1K
Market Conditions
NOI Build-Up for 1,540 SF
Gross rent
$46.2K $30.00/SF
− Vacancy
−$3.1K −$2.04/SF
EGI
$43.1K $27.96/SF
− OpEx
−$19.4K −$12.58/SF
NOI
$23.7K $15.38/SF
Area
Bergen County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,640
Cap Rate 7%
$338,314
Cap Rate 9%
$263,133
Alternative Uses
Best Use
Apartment 5plus
$338.3K
$296.0K – $394.7K
NOI $23,682 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$402.1K
$351.9K – $469.2K
NOI $28,149 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,183
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Schools, parks, retail, and major commuting routes are nearby.
Where is this multifamily property located?
The property is located at 19 Summer St Lodi, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Built in 1905; Nearby schools, parks, shopping, and major commuting highways
