For Multi Family

203 Westervelt Pl,Lodi Boro, NJ 07644-1105

December 13, 2025

Income Potential! For either investor OR Owner Occupant. Come see this legal 2 family with finished basement. Both units offer 3 Beds and 2 Baths and the home has 2 car garage and 3 parking spots. Near all major Highways, school, mass transit, and industry/retail this location checks every box. With a few updates this will be your perfect 2 income generating 2 family home, Property will be delivered vacant upon closing!

Property ID:PT-20576172-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 849,000 $

Bedrooms:6

Year Built:1968

Listing Details

Status: Active

Location

County: Bergen

Lotsize: 46X100 5X60

Lot Identifier: 51

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.11

Total Baths: 5.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 10

Easement/Desc: Unknown

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: At closing

Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 3.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 1025

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 1025

Unit 2 Rent: 2800

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 2 Security Deposit: 4200

Garage Description: Attached Garage

Block Identifier: 56

County Number: 11

Town Number: 1131

YB/Desc: 1968 - Approximate

Easement: Unknown

Parking/Driveway Description: 2 Car Width, Blacktop

Block Identifier: 56

County Number: 11

Town Number: 1131

Possession: At closing

Taxes, Fees & Assessments

Gross Operating Income: 90000

Net Operating Income: 60000

Tax ID For Property: 1131-00056-0000-00051-0000-

Tax Amount: $11,199.00

Tax Year: 2024

Tax Rate: 3.352%

Tax Rate Year: 2025

Land Assessment: $158,700.00

Building Assessment: $175,400.00

Total Assessment: $334,100.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

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Listing Details

203 Westervelt Pl,Lodi Boro, NJ 07644-1105

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