433 Essex StHackensack, NJ 07601
- Commercial real estate
- 4,725 SF
Property Details for 433 Essex St
- Year built
- 1983
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.11 AC
- Property size (Sq ft)
- 4,725 SF
- Property type
- Commercial real estate
- APN
- 23 00136- 01-00041
- APU
- 23001360100041
Description
This exceptional 960 sq ft office space in Hackensack, NJ, is perfectly situated for businesses seeking a convenient and productive work environment. Located at 433 Essex St., Suite #3, this single-tenant traditional office boasts a versatile layout, including two private offices and a spacious open area ideal for various business needs. The unit also includes a convenient in-unit bathroom. Built in 1983, this two-story building offers a total of 4,725 square feet and sits on a 0.114-acre lot. The property's strategic location provides easy access to major highways, placing it just two blocks from Hackensack University Medical Center and near the Bergen County Courthouse. On-site parking with eight spaces ensures convenient access for employees and clients. This is a fantastic opportunity for businesses seeking a well-maintained, functional space in a highly desirable location. The property is zoned commercial. Taxes are $39,918. A special incentive is available: lease signed by September 30th, 2024, receives one month free rent. This is a rare opportunity to secure a prime office space in a thriving area. Don't miss out!
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $885,341
- 6.5%
- $817,238
- 7%
- $758,864
-
Comparable approach
- Method
- Valuation
- Relative Method
- $617,368
- Geo Method
- $617,368
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,608,950
- Retail / Commercial
- $825,064
- Mixed-Use / Specialty
- $822,122
- Hospitality / Lodging
- $603,165
- Office
- $817,238
- Institutional / Educational
- $854,676
- Residential Income
- $999,971
- Multifamily
- $1,199,310
- Automotive / Energy
- $732,579
- Parking / Income-Based Land
- $252,804
- Restaurant / Food Service
- $427,592
- Healthcare / Senior Housing
- $843,071
Location Insight
- City
- Hackensack
- County
- Bergen
- State
- New Jersey
- Latitude
- 40.8849
- Longitude
- -74.0614
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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