Trophy 10-Unit Multifamily Investment | Prime Bergen County Location
KW Commercial proudly presents this exclusive investment opportunity to acquire a stabilized, income-producing 10-unit residential property located in the heart of Lodi, Bergen County, NJ.
Built in 1970 and well maintained, this low-rise brick building offers a strong blend of long-term tenant retention, consistent cash flow, and future rental upside. The unit mix consists of efficiently laid-out 1-bedroom apartments featuring hardwood floors, wall-unit AC, shared laundry facilities, and off-street parking.
With a newer roof, updated mechanicals, and full occupancy, this asset provides immediate income with minimal maintenance. Located just minutes from Route 46, I-80, and the George Washington Bridge, the property offers exceptional commuter access and proximity to key commercial corridors.
Property Highlights:
* 10 residential units | 100% leased
* Net Operating Income: $132,045
* Cap Rate: 6.0%
* Projected IRR: 14.5% over 10 years
* Building Size: ±6,800 SF | Lot Size: ±7,731 SF
* All brick construction with surface parking
* No DEP wetlands or FEMA flood issues
* Strategically positioned near NYC, public transit, shopping, and dining
This is a rare opportunity to secure a turnkey, performing asset in one of Northern New Jersey’s most competitive and supply-constrained markets.