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

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
• Projected IRR: 14.5% over 10 years
• Strong operating income: $130,703 NOI
• 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

Description:

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.

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.

Ample Residential Power

Natural Gas