Positioned in the heart of Lodi, NJ, 11 Terhune Avenue offers a unique opportunity for investors or owner-users seeking a property with both character and strategic location advantages. Built in 1920, this two-story structure spans approximately 2,294 square feet on a 5,750-square-foot lot, providing flexibility for adaptive reuse or redevelopment under its C-NR zoning designation. The property’s corner positioning enhances visibility and accessibility, making it ideal for retail, office, or mixed-use conversion. Lodi is a thriving Bergen County community with strong connectivity to major transportation routes, including Routes 17, 46, and Interstate 80, ensuring seamless access to the George Washington Bridge and Manhattan within 20 minutes. The surrounding area features a dense residential population and a robust retail corridor, creating a steady demand for neighborhood services and commercial uses. Proximity to Teterboro Airport and regional business hubs further elevates the property’s appeal for professional or service-oriented businesses. With an asking price of $1,100,000 and annual taxes of $14,517, this asset presents a compelling value proposition for investors seeking long-term appreciation or entrepreneurs looking to establish a presence in a high-demand Northern New Jersey market. Whether maintained as a residential property or repositioned for commercial use, 11 Terhune Avenue offers versatility, visibility, and enduring market fundamentals.
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New Vistas Corporation
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