Rent to own Homes in Lodi, NJ
The borough of Lodi is a bedroom community in Bergen County about a half hour from Manhattan, yet a place where residents can enjoy a quieter way of life. Lodi is embraced for its Italian roots, with its name hailing directly from the northern portion of Italy. Many of Lodi's traditions are focused on its culinary heritage, such as its restaurants, bakeries, and delicatessens. Lodi is also host to the annual Feast of Saint Joseph, with rides, games, Italian musical entertainment, and of course, a range of Italian fare.
Lodi, NJ is a great place for affordable rent-to-own homes! With a median household income of over $64,249 and a median rent of $1,373, the Lodi, NJ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Lodi, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Lodi, NJ Property Resources
Rent to own Homes in Cities Near Lodi, NJ
- Airmont
- Astoria
- Avenel
- Bardonia
- Bogota
- Boonton
- Chestnut Ridge
- Colonia
- Congers
- Connecticut Farms
- Corona
- Elizabeth
- Fords
- Garwood
- Grand View-on-Hudson
- Great Neck Estates
- Harrison
- Hillburn
- Hillcrest
- Hollis
- Jackson Heights
- Kearny
- Kenilworth
- Linden
- Llewellyn Park
- Madison
- Middle Village
- Mount Ivy
- Nanuet
- New Square
- North Caldwell
- Orangeburg
- Pearl River
- Perth Amboy
- Piermont
- Rahway
- Richmond Hill
- Roselle
- Saint Albans
- Secaucus
- Sewaren
- Sparkill
- Springfield
- Spring Valley
- Tappan
- Tuxedo Park
- Watchung
- Wesley Hills
- West Haverstraw
- William Paterson University Of New Jersey
Neighborhoods in Lodi, NJ
Lodi rent to own homesPopular Zip Codes in Lodi, NJ
07644 rent to own homesBuying a Home in Lodi, NJ
Lodi, NJ is seeing rapid growth and Lodi, NJ's' housing market remains not optimal with an average home price that is 79% above the 2024 national average. Lodi, NJ is part of Bergen county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Bergen is 1.76% which is above the national average, which is 0.99%.
Median Home Price in Lodi, NJ
Median Rent in Lodi, NJ
Top 4 Reasons to Live in Lodi, NJ
Close to New York City while enjoying more elbow room! Lodi is urban, though residents are able to enjoy a slice of heaven with their own yards in some neighborhoods. Rent to own homes are available in Lodi, from townhomes to single-family residences, many within walking distance to the local schools and grocery stores. Marineo Plaza is one of the favorite neighborhoods, with hints of Sicily, such as Vitamia & Sons, where gourmet ravioli and sausage bread reign, and the line can wrap around the corner from the store. Westminster Place is another spot in the borough where those looking for a place to reside can find homes for rent in the community often equipped with all amenities for comfortable living.
Near the major shopping facilities! The Outlets at Bergen Town Center, Westfield Garden State Plaza, and Paramus Park Mall, are a few of the shopping destinations within a few miles' drive of Lodi. These sprawling retail centers are loaded with an array of upscale stores and eateries in neighboring Paramus. Many retail favorites from around the area and country are in these three locations.
A range of recreational activities! Lodi is teeming with leisure activities for its residents. Garibaldi Avenue Park, Memorial Park, Kennedy Park, Voto-Tedesco Field, and the Lodi Little League Field, are a number of the destinations. Jungle gyms, swings, track and field facilities, courts for volleyball, shuffleboard, basketball and tennis, a miniature golf course, lighted baseball and softball fields, and an amphitheater await those who are planning a move to Lodi.
Homes for all! Whether seeking rental homes, or a house for sale, Lodi has many options for all, in varying price ranges. Main Street by Felician College offers quieter residential living. Essex Street is a bustling section of town and closer to retail establishments and the highway.