Commercial space For Sale in Hackensack, NJ
MLS# : 23027773
Street : 90 Prospect Avenue 5 units
Price : $949,000
Town : Hackensack, NJ 07601
Annual Taxes : $55,067
PROPERTY DETAILS
Use : Office
Type : Condo
Utilities : O/See Rmks
Heat/Cool : Central Air, Gas, Hot Water, Radiators
Waterfront : None
PROPERTY DESCRIPTION
Discover the potential of these five medical condo units at 90 Prospect Ave, Hackensack. With a combined space of approximately 6,000 sq ft, this offering is a value-add gem awaiting full lease-up. Enjoy the convenience of strong parking options and a fantastic location just steps away from Hackensack University Medical Center, Rt 80, and numerous amenities. The pro-forma Cap Rate of 8.61% adds a compelling financial dimension to this investment opportunity. Don't miss out on this chance to enhance your portfolio with these prime medical condos.
Amenities
This listing is a courtesy of RE/MAX SELECT - Oakland
(201) 337-5555 office, listing agent Thomas Russo
About Hackensack, NJ Real Estate Market
Hackensack is an inner suburb in New York City, which is a part of Bergen County in New Jersey state. With a population of more than 45,000 people, Hackensack serves as the county seat of Bergen County. The city of Hackensack is located 12 miles away from Midtown Manhattan and 7 miles away from George Washington Bridge.
Before 1921, the city was known as New Barbadoes Township. However, even then, it was informally known as Hackensack by the locals since the 18th century. The legal renaming of the city occurred in 1921 based on the results of a referendum. The name Hackensack is derived from its original inhabitants, the Lenni Lenape.
Being one of the biggest cities in Bergen County, Hackensack has several prominent landmarks. A few of those landmarks are the metropolitan campus of Fairleigh Dickinson University, New Jersey Naval Museum, World War II submarine USS Ling, Bergen County Court House and Hackensack University Medical Center.
The real estate of Hackensack is very diverse, and one can find many residential homes and complexes along Prospect Avenue between Beech Street and Passaic Street. Here, you will find various houses, like single-family houses, large garden apartment complexes and stately older homes. You can find a number of houses for sale in New Jersey in this city.
Before 1921, the city was known as New Barbadoes Township. However, even then, it was informally known as Hackensack by the locals since the 18th century. The legal renaming of the city occurred in 1921 based on the results of a referendum. The name Hackensack is derived from its original inhabitants, the Lenni Lenape.
Being one of the biggest cities in Bergen County, Hackensack has several prominent landmarks. A few of those landmarks are the metropolitan campus of Fairleigh Dickinson University, New Jersey Naval Museum, World War II submarine USS Ling, Bergen County Court House and Hackensack University Medical Center.
The real estate of Hackensack is very diverse, and one can find many residential homes and complexes along Prospect Avenue between Beech Street and Passaic Street. Here, you will find various houses, like single-family houses, large garden apartment complexes and stately older homes. You can find a number of houses for sale in New Jersey in this city.
| Population: | 43,010 |
| Total Housing Units: | 19,375 |
| Single Family Homes: | 8,227 |
| General Tax Rate (2021): | 3.357% |
| Effective Tax Rate (2021): | 3.015% |
| Compare To Other Towns |
Hackensack Market Indicators
PRICE INDEX
| Average Price* (12mo): | $547,211 |
| Homes Sold* (12mo): | 80 |
PRICE INDEX
SINGLE FAMILY HOME SALES
Hackensack, NJ
SINGLE FAMILY HOME SALES
Hackensack, NJ
12 Month Moving Average
1 YR
2 YR
3 YR
5 YR
7 YR
MAX
REAL ESTATE TAXES
| General Tax Rate (2021): | 3.357% |
| Effective Tax Rate (2021): | 3.015% |
GENRAL TAX RATE - Hackensack, NJ
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MADISON ADAMSTM
office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $399,000 - 698,000 | 10 avail |
| Condos : | $210,000 - 525,000 | 20 avail |
| Co-ops : | $2,150 - 400,000 | 6 avail |
| Twnhs : | $400,000 - 400,000 | 1 avail |
| 2-4 Fam : | $525,900 - 1,299,000 | 7 avail |
| 5+ Fam : | $709,000 - 1,499,000 | 2 avail |
| Land : | $1,499,000 - 1,499,000 | 1 avail |
| Rentals : | $1,200 - 10,000 | 50 avail |
| Mixd Use : | $709,000 - 1,499,000 | 2 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $709,000 - 709,000 | 1 avail |
