Trophy 10-Unit Multi-Family Asset | Prime Bergen County Location

300 Garibaldi Ave, Lodi, NJ 07644

  • For Sale $2,199,999
  • Property Type Multi-Family
  • Property Size 7,000 SF
  • Units 10
  • Lot Size 0.18 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Year Renovated 2024
  • Date Updated Jul 7, 2025
Situated in the heart of Northern New Jersey, the area surrounding the property offers a thriving market for office and office building investors. With easy access to major transportation routes and close proximity to metropolitan areas, this location provides an ideal environment for businesses to thrive. Nearby points of interest, such as nearby corporate headquarters, exceptional dining options, and beautiful parks, add to the appeal of the area. With a strong local economy and a diverse range of amenities, the location presents a compelling opportunity for investors seeking a strategic foothold in the Northern NJ market.Prime 10-Unit Multi-Family Investment | 300 Garibaldi Ave, Lodi, NJ KW Commercial is proud to present this exclusive opportunity to acquire a stabilized, income-generating 10-unit residential multifamily asset located in the heart of Lodi, Bergen County, NJ. Built in 1970 and well maintained, this property offers an ideal blend of long-term tenant retention and upside rental growth potential. The unit mix consists of efficiently laid-out apartments with honey hardwood floors, wall-unit AC, shared laundry facilities, and off-street parking—all contributing to strong, consistent occupancy.
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Highlights

  • 10 Residential Units | Fully leased and performing
  • 6.01% Cap Rate on day one
  • Cash-on-Cash Return: 4.0% (Year 1) with value appreciation over time
  • Favorable buy-and-hold metrics with upside through modest rent growth
  • Located in an area of minimal flood risk with no DEP or wetland restrictions
  • Projected IRR: 14.5% over 10 years
  • Strong operating income: $130,703 NOI

Contacts

broker
Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee

Location

Getting Around

  • Walk Score ®

    70/100 Very Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lodi, NJ
  • Neighborhood Lodi
  • Zip Code 07644
  • Market New Jersey

Points of Interest

  • Essex Street

    1.05 miles

  • Wesmont

    2.09 miles

  • Kismet Limousine

    2.18 miles

  • New Bridge Landing

    2.96 miles

  • Teaneck Taxi

    3.17 miles

  • Passaic

    3.81 miles

  • Delawanna

    4.50 miles

  • River Edge

    4.50 miles

  • Meadowlands

    4.55 miles

  • Radburn

    4.93 miles

  • Delta

    0.43 miles

  • BP

    0.69 miles

  • Tesla Supercharger

    0.88 miles

  • Exxon

    0.94 miles

  • Valero

    1.16 miles

  • Shell

    1.52 miles

  • enrite

    1.96 miles

  • Blink

    3.10 miles

  • Tesla Destination Charger

    6.63 miles

  • Visitors Parking

    0.85 miles

  • Employee Parking Garage

    0.98 miles

  • Atlantic Street Parking Garage

    1.00 miles

  • Railroad Parking Garage

    1.16 miles

  • Wood-Ridge Athletic Complex South Parking Lot

    1.88 miles

  • Wesmont Station Parking

    2.00 miles

  • Student Parking

    2.25 miles

  • Student/Event Parking

    2.37 miles

  • Courts Lot

    2.37 miles

  • Stony Hill Inn

    0.65 miles

  • Hilton Hasbrouck Heights / Meadowlands

    0.73 miles

  • Home2 Suites

    1.15 miles

  • Travelodge South Hackensack

    1.80 miles

  • Element New York Wood Ridge

    2.09 miles

  • Horizon

    2.15 miles

  • Crowne Plaza

    2.31 miles

  • Marriott Saddle Brook

    2.37 miles

  • Garden Plaza Hotel

    2.40 miles

  • Rodeway Inn Capri

    2.66 miles

  • Dunkin'

    0.19 miles

  • Burger King

    0.74 miles

  • Popeyes

    0.79 miles

  • Chipotle

    0.85 miles

  • McDonald's

    1.01 miles

  • Bendix Diner

    1.04 miles

  • Fisher's Diner

    1.12 miles

  • Dumpling

    1.12 miles

  • Rumba Cubana

    1.15 miles

  • Ho Mei Kitchen

    1.17 miles

  • Wilson School Number 5

    0.58 miles

  • Washington Elementary School

    0.65 miles

  • Fanny M Hillers Elementary School

    0.76 miles

  • Lincoln School

    0.89 miles

  • Columbus Elementary School

    0.91 miles

  • Lodi High School

    1.00 miles

  • Roosevelt Elementary School

    1.05 miles

  • Hilltop Elementary School

    1.05 miles

  • Corpus Christi School

    1.09 miles

  • Hackensack High School

    1.13 miles

  • The Learning Experience

    2.30 miles

  • Tutor Time

    2.80 miles

  • Loving Hands Family Care

    3.26 miles

  • Intellichild Academy

    3.51 miles

  • Ridgewood Montessori School

    3.56 miles

  • Rutherford Cooperative Day Nursery

    4.08 miles

  • Kiddy College

    4.18 miles

  • All Saints Child Care Center

    4.33 miles

  • Bright Learning Center

    4.43 miles

  • Evelyn Street Day School

    4.51 miles

Frequently Asked Questions

How much does Trophy 10-Unit Multi-Family Asset | Prime Bergen County Location cost?

The space currently listed for sale at Trophy 10-Unit Multi-Family Asset | Prime Bergen County Location asks for $2,199,999.

What is the total square footage of Trophy 10-Unit Multi-Family Asset | Prime Bergen County Location?

Trophy 10-Unit Multi-Family Asset | Prime Bergen County Location totals 7,000 square feet.

When was this property built?

Trophy 10-Unit Multi-Family Asset | Prime Bergen County Location was built in 1970.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee

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