Date
Details
Price
Change
Source
2/08/2026
Listed
$949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$949,000 Just Listed
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1/20
Property Description
Eclectic mixed-use brick property offering exceptional income potential with five separate revenue streams, private parking, and a prime layout. A fully rented ground-level convenience store generates $2,000/month, with residential apartments located above the commercial space, including a one-bedroom unit at $1,200/month and a two-bedroom unit at $1,825/month. The property also includes a separate single-family residence producing $1,880/month and two income-producing garages at $150/month. This asset features separately metered utilities, strong upside in rents, and low annual taxes of only $13,770, making it an ideal opportunity for investors or owner-operators seeking stable cash flow with long-term appreciation and value-add potential.
Full Property Details
Full Property Details for 397 Passaic Ave
General
- Price: $949,000
- Taxes: $13,770
- Status: Active
- Type: Apartment
- Source: NJMLS
- MLS ID: 26004362
- Updated: 2/9/2026
- Added to Site: 2 day(s) ago
Location
- Area: Lodi
- County: BERGEN
Structural Information
- Architectural Style: Res/Com Mixed
- Description/Design: Rtl/Apt
- Roof: Asphalt, Flat
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $13,770
- Owner Pays: Common Area, O/See Rmrks
Listed by Realty One Group Paramount (201) 347-3255, Michael Malady (201) 786-3559
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Listing agent
— 397 Passaic Ave —
Michael Malady
Realty One Group Paramount
(201) 786-3559
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 397 Passaic Ave
School District:Lodi Borough School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt 435 Passaic Avenue, Lodi, NJ 07644 | PK-5 | 0.1 mi |
Thomas Jefferson Mid School 75 1st Street, Lodi, NJ 07644 | 6-8 | 0.2 mi |
Lodi High School 99 Putnam Street, Lodi, NJ 07644 | 9-12 | 1 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 397 Passaic Ave
Tax History
Tax History for 397 Passaic Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,039
2%
$389,000
—
2023
$12,744
—
$389,000
—
2022
$12,697
-1%
$389,000
—
2021
$12,856
2%
$389,000
—
2019
$12,604
—
$389,000
—
2018
$12,627
—
$389,000
—
2016
$12,611
1%
$389,000
—
2015
$12,460
1%
$389,000
—
2013
$12,370
—
$389,000
—
Disclaimer: Historical tax 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 397 Passaic Ave
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- Multi-Family
- Active
- Updated 2 days ago
- 5Total Beds
Listed by Jk Realty
- Condo
- Active
- Updated 4 days ago
- 1Bed
- 1Total Bath
- Condo
- Active
- Updated 20 hours ago
- 2Beds
- 2Total Baths
Listed by Corcoran Baer & McIntosh
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- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
Listed by Society Real Estate
- Co-op
- Active
- Updated 6 days ago
- 1Bed
- 1Total Bath
Listed by Russo Real Estate
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
Listed by LPT Realty
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- Multi-Family
- Closed
- 6Total Beds
Listed and Sold by Alexander Anderson Real Estate Group
- Multi-Family
- Closed
- 6Total Beds
Listed by EXP Realty, LLC
Sold by New Jersey Homes & Estates
Sold by New Jersey Homes & Estates
- Duplex
- Closed
- 4Beds
- 3Total Baths
Listed by Keller Williams Town Life
Sold by Prominent Properties Sotheby's International Realty-Englewood Cliffs
Sold by Prominent Properties Sotheby's International Realty-Englewood Cliffs
397 Passaic Avenue, Lodi, NJ 07644 (MLS# 26004362) is a Apartment property. 397 Passaic Avenue is currently listed for $949,000 and was received on February 08, 2026. Want to learn more about 397 Passaic Avenue? Do you have questions about finding other Apartment real estate for sale in Lodi? You can browse all Lodi real estate or contact a Coldwell Banker agent to request more information.