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Sold for $930,000
  • $930,000

    397 Passaic Avenue, Lodi, NJ 07644

    --beds
    --baths
    --sqft
    Mixed Use
    Built in ----
    -- sqft lot
    $933,100 Zestimate®
    $--/sqft
    $3,042 Estimated rent

    Home value

    $933,100

    $858,000 - $1.01M

    $3,042/mo

    Zestimate® history
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    Owner options

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    $3,042/mo

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    $3,042/mo

    Rent Zestimate®

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    $6,629/mo

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    $6,629/mo

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    What's special

    Private parkingBrick property
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Malady 201-786-3559,

    Realty One Group Paramount

    Bought with:

    Michael Malady

    Realty One Group Paramount

    Realty One Group Paramount

    Source: NJMLS,MLS#: 26004362MLS Logo

    Facts & features

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Materials
    • Roof: Asphalt,Flat

    Utilities & green energy

    • Water: Munincipal Water

    Community & HOA

    Location
    • Region: Lodi

    Financial & listing details

    • Date on market: 2/8/2026
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/24/2026Sold$930,000-2%
    Source: NJMLS #26004362 Report a problem
    5/12/2026Pending sale$949,000
    Source: NJMLS #26004362 Report a problem
    2/9/2026Listed for sale$949,000+8%
    Source: NJMLS #26004362 Report a problem
    7/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/21/2024Listed for rent$1,800+80%
    Source: Zillow Rentals Report a problem
    4/3/2023Listing removed--
    Source: Terrie O'Connor Realtors Report a problem
    1/13/2023Price change$879,000-2.2%
    Source: Terrie O'Connor Realtors #22034175 Report a problem
    9/16/2022Listed for sale$899,000
    Source: Terrie O'Connor Realtors #22034175 Report a problem
    12/1/2020Listing removed$1,000
    Source: Real Living Gateway Realtors #20047945 Report a problem
    11/14/2020Listed for rent$1,000+11.1%
    Source: Real Living Gateway Realtors #20047945 Report a problem
    7/30/2013Listing removed$900
    Source: Home Hunters, Inc. Report a problem
    7/11/2013Listed for rent$900
    Source: Home Hunters, Inc. Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 07644

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $933,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $933,100