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72 Central Ave
Lodi, NJ 07644
Specialty Property For Sale
·
2,500 SF
Property Facts
| Property Type | Specialty | Building Size | 2,500 SF |
| Property Subtype | Residential Income | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1970/2009 |
| Lot Size | 0.12 AC | Parking Ratio | 0.4/1,000 SF |
| Zoning | R2 | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2009 |
| Parking Ratio | 0.4/1,000 SF |
| Zoning | R2 |
About 72 CENTRAL AVE , LODI, NJ 07644
Fully leased two family house in great condition. Short term leases at big discount to market. Property is in good shape. Ground floor is one bedroom one bath unit, rented at $1,150 per month (market rate is around $1,500 per month) till December 2018. Second floor is large four bedroom two full bathroom recently updated apartment with one car garage, eat-in kitchen with solid cherry cabinets, modern appliances, granite counter tops and sky lights. It is rented at $2,200 per month till July 2019. Market rate is around $3,500 per month. Current CAP of 5% can be easily increased to 9%. Well maintained backyard with in ground solar heated pool; new filter and liner.
Property Taxes
| Parcel Number | 31-00042-0000-00001 | Improvements Assessment | $266,600 |
| Land Assessment | $160,000 | Total Assessment | $426,600 |
Property Taxes
Parcel Number
31-00042-0000-00001
Land Assessment
$160,000
Improvements Assessment
$266,600
Total Assessment
$426,600
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