397 Passaic Ave, Lodi, NJ 07644-1587
This exceptional commercial property, located at 397 Passaic Avenue in Lodi, New Jersey, presents a unique investment opportunity. Priced at $2,000, this property offers significant potential for a variety of commercial uses. While the square footage is not currently specified, the property's location on Passaic Avenue provides excellent visibility and accessibility. The lot size is listed as zero acres, suggesting the property may be a smaller building or a portion of a larger development. The property type is classified as "Other," indicating a need for further investigation into its specific features and permitted uses. Given the price point, this property is ideal for entrepreneurs seeking an affordable entry into the Lodi commercial market or investors looking for a potentially high-return opportunity. Due diligence is recommended to determine the precise square footage, zoning regulations, and potential uses for this property. The absence of detailed information underscores the need for a thorough on-site inspection and review of relevant municipal records. This property is being offered as-is, and interested parties are encouraged to conduct their own independent assessments before making an offer. The low price point presents a compelling opportunity for a buyer willing to undertake the necessary due diligence. Act quickly, as this property is likely to attract significant interest.
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SEIU 32 BJ MVID Advocacy Group
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The Pineapple Image Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.