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160 US Highway 46 E
Lodi, NJ 07644
160 Route 46 · Retail Property For Sale


Investment Highlights
- Owner-User & Repositioning Opportunity
- High Traffic Counts
- Strategic Retail Location
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 160-164 US Route 46 E, a two-unit retail plaza in Lodi, New Jersey (the “Property”). The Property consists of two separate tax parcels, including a 0.37-acre parcel at 164 US Route 46 E that is improved by a two-unit, 3,082 square-foot retail building and a 0.11-acre parcel at 160 US Route 46 E that serves as a dedicated parking lot. The building is currently occupied by Avis/Budget Car Rental and Absolute Insurance; Avis/Budget has two years of term remaining on their lease with 2.5% annual rent increases; Absolute Insurance will vacate their space at the end of their current term (10/31/2026), offering an attractive opportunity for an owner- user in a strong market with attractive zoning, or repositioning through leasing to a new tenant. The Property is well-located along US Route 46 East, one of Bergen County’s primary commercial and commuter corridors, offering excellent visibility and accessibility. Positioned at the intersection with Christopher Street, the Property benefits from a prominent presence along this heavily traveled roadway and is just minutes from Interstate 80 and Route 17, providing convenient regional connectivity. The surrounding area is characterized by densely populated residential neighborhoods that supply a strong and consistent consumer base, along with a mix of national retailers, local businesses, and dining options that drive daily traffic to the corridor. The Property’s strategic location within close proximity to Paramus and Hackensack further enhances its appeal, offering flexibility for an owner-user or investor seeking to capitalize on the corridor’s established retail demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,082 SF
Building Class
C
Year Built
1987
Price
$1,350,000
Price Per SF
$438.03
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
CH
Frontage
194’ on Route 46
Amenities
- Bus Line
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 31-00229-0000-00034 | Improvements Assessment | $210,200 |
| Land Assessment | $288,000 | Total Assessment | $498,200 |
Property Taxes
Parcel Number
31-00229-0000-00034
Land Assessment
$288,000
Improvements Assessment
$210,200
Total Assessment
$498,200
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