245 Union St, Lodi Boro, NJ 07644

$650,000
3
BD
2
BA

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List Price
$650,000
Days on Market
4
Status
ACTIVE
MLS#
4043020
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size (Acres)
0.08
Year Built
1920
County
Bergen

Property Description

Rare mixed-use two-unit property in Lodi, grandfathered for professional/commercial use on the ground floor, making it ideal for an accountant, attorney, or similar office use. This versatile property sits on a Res/Com zoned lot and provides flexibility for both investors and owner-users. The first-floor unit flows naturally from a spacious room that was originally the living room into what was formerly the dining room, creating an open, welcoming reception area. Beyond that lies the kitchen, which connects to a side room that was once a bedroom, as well as an exceptionally large additional room perfect for private offices, conference space, or storage. The layout offers the charm of a converted residential home while functioning efficiently as a professional office space. The second floor features a comfortable one-bedroom apartment with laundry, offering steady rental income potential or space for an owner-occupant, adding to the property's income-producing appeal. Parking for 3 cars available. Note that per current grandfathered zoning, the commercial use of the first-floor unit is protected only as long as it remains in professional/commercial use; converting the property to strictly residential use would permanently forfeit the right to use it commercially again in the future.

Additional Information

Heating
1 Unit
Cooling
Wall A/C Unit(s), Window A/C(s)
Roof
Asphalt Shingle
Utilities
Electric, Gas In Street
Water
Public Water
Sewer
Public Sewer

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of AMERICASA REALTY LLC, Contact: 973-653-7461