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$659,000
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Property Description
This free-standing brick building is an excellent opportunity to add to an investor's portfolio. It is currently used as professional office, previously zoned as a medical practice. This professional building's layout consists of an entrance foyer, waiting area/reception room, five individual offices, conference room, two half baths, and multiple large walk-in closets throughout the first level. Main level has 1,400 sq ft plus and an additional 1400 sq ft of an unfinished basement which can easily be finished for added offices, work or storage areas. Close to major highways and public transportation. Nearby restaurants & shopping.
Full Property Details
Full Property Details for 116 Terrace Ave
General
- Price: $659,000
- Taxes: $14,497
- Status: Active
- Type: Office
- Source: NJMLS
- MLS ID: 24007089
- Updated: 7/11/2025
- Added to Site: 679 day(s) ago
Rental Information
- Rent Includes: None
Location
- Area: Lodi
- County: BERGEN
Heating & Cooling
- Heating Type: Baseboard, Gas
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Water
Structural Information
- Architectural Style: Office
- Description/Design: Profsnl
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $14,497
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed by Quality Homes Real Estate (201) 833-6001, Alvin Peralta (201) 788-8401
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Schools
Schools serving 116 Terrace Ave
School District:Lodi Borough School District
| Name | Grades | Distance |
|---|---|---|
Hilltop Elementary School 200 Kipp Avenue, Lodi, NJ 07644 | PK-5 | 0.4 mi |
Thomas Jefferson Mid School 75 1st Street, Lodi, NJ 07644 | 6-8 | 0.5 mi |
Lodi High School 99 Putnam Street, Lodi, NJ 07644 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Terrace Ave
Date
Details
Price
Change
Source
3/08/2024
Listed
$659,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Terrace Ave
116 Terrace Avenue, Lodi, NJ 07644 (MLS# 24007089) is a Office property. 116 Terrace Avenue is currently listed for $659,000 and was received on March 09, 2024. Want to learn more about 116 Terrace Avenue? Do you have questions about finding other Office real estate for sale in Lodi? You can browse all Lodi real estate or contact a Coldwell Banker agent to request more information.

