Commercial space For Sale in Hackensack, NJ
 

MLS# : 24037709

Street : 216 River Street
Price : $895,000
Town : Hackensack, NJ 07601
Annual Taxes : $12,206

PROPERTY DETAILS

Use : Retail
Type : Free Standing
Utilities : Sep Elec, Sep Gas, Sep Heat, Sep Water
Heat/Cool : Gas
Waterfront : None

PROPERTY DESCRIPTION

This bundle of three lots, totaling 8400 sf (60x140), presents an exceptional investment opportunity in the heart of Hackensack. The property offers two means of ingress/egress; one off bustling River St w/ up to 20,000 cars passing daily, and the other right behind on a much quieter Midtown Pl, enhancing accessibility and flexibility for various uses. Surrounded by Hackensack's significant redevelopment efforts, which will result in 4,000 new residences, new parks, plazas, and retail spaces, this site is perfectly positioned to benefit from the area's ongoing boom. Perfect for convenience stores, liquor stores, car washes, eateries, coffee shops, fitness studios, or boutique retail. Also located within a designated Opportunity Zone w/ potential tax benefits, explore high density housing options. Don't miss this raare chance to establish a presence in a rapidly revitalizing urban hub.

Amenities

This listing is a courtesy of Coldwell Banker, Alpine/Closter
(201) 767-0550 office, listing agent Miriam Yu

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.
Population:  43,010
Total Housing Units:  19,375
Single Family Homes:  8,227
General Tax Rate (2023):  2.878%
Effective Tax Rate (2023):  2.592%
Compare To Other Towns

Hackensack Market Indicators

PRICE INDEX

Average Price* (12mo):  $573,981
Homes Sold* (12mo):  78
PRICE INDEX
SINGLE FAMILY HOME SALES

Hackensack, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.878%
Effective Tax Rate (2023):  2.592%
GENRAL TAX RATE - Hackensack, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Sales Associate
201-982-0358 (cell)

Madisom Adams Sales Associate Yuriy Zatuchny


Sales Associate
551-358-4252 (cell)

Madisom Adams Sales Associate Henry A. Washington


Real estate inventory
Hackensack
Homes : $499,999 - 1,199,999 13 avail
Condos : $255,000 - 999,900 33 avail
Co-ops : $170,000 - 350,000 10 avail
Twnhs : $675,000 - 675,000 1 avail
2-4 Fam : $549,999 - 1,149,000 5 avail
5+ Fam : $650,000 - 650,000 1 avail
Land : $259,000 - 895,000 3 avail
Rentals : $1,500 - 5,800 57 avail
Mixd Use : $650,000 - 1,075,000 2 avail
Com S : -
Com L : -
Biz : $95,000 - 650,000 3 avail


Similar Listings in Hackensack

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/11/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com