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    119 Us-46 Lodi, NJ 07644

    Sponsored
    For Sale
    $2,995,000

    High-Visibility Shopping Center, NNN Lease

    Property size:
    18,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Snow Joe Plaza, located at 119 US-46 in Lodi, New Jersey (Bergen County, zip code 07644), presents a compelling investment opportunity. This 18,540 square foot shopping center sits on a 0.6-acre lot and boasts 100% occupancy across multiple tenants under a triple-net (NNN) lease structure with 7 years remaining on the lease term. The property features ample parking with 50 spaces available for customers and employees. Each unit is separately metered for efficient utility management. The strategic location on US-46 ensures high visibility and significant traffic exposure, making it an ideal retail destination. The asking price for this thriving retail center is $2,995,000. This property is particularly well-suited for a 1031 exchange, offering a strong return on investment for qualified buyers. The property's prime location and strong tenancy make it a rare find in the competitive New Jersey market. This is a turnkey operation with established tenants and a proven track record of success. Don't miss this chance to acquire a high-performing retail asset with excellent long-term potential.

    Property Features for 119 Us-46

    General Information

    Property type
    Lifestyle centers
    Square Feet
    18,540 SF
    Lot Size
    26,136 SF

    HighLights

    • High‑traffic highway visibility.
    • Individually metered units.
    • Abundant parking.
    • 1031 exchange opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Lodi
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0775148
    Latitude
    40.8797162

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    FAQs

    What type of property is this?
    Lifestyle center - High-Visibility Shopping Center, NNN Lease
    Where is this lifestyle center 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: High-traffic highway visibility.; Individually metered units.; Abundant parking.
    Request Owner's contact information
    119 Us-46 Lodi, NJ 07644
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    Lodi, NJ 07644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Us-46 Lodi, NJ 07644
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