605 Main StHackensack, NJ 07601

  • Commercial real estate
  • 9,002 SF

Property Details for 605 Main St

Year built
2006
Construction
CONCRETE BLOCKS
Property size (Sq ft)
9,002 SF
Property type
Commercial real estate
APN
23 00507-0000-00009
APU
2300507000000009

Description

This 9,306 square foot vacant storefront, located at 605 Main Street in Hackensack, New Jersey, presents a unique investment or owner-user opportunity. Situated on a 0.43-acre lot in a B-1 (Neighborhood Business) zone, this two-story, Class B building offers significant flexibility for various retail or medical uses. Built in 1986 and renovated in 2006, the property boasts 31 parking spaces and is conveniently located at a signalized intersection with excellent curb cut access. The property is currently vacant and will be delivered as such upon sale. With a fee simple ownership structure, this asset benefits from strong demographics, serving a population exceeding 209,000 within a three-mile radius. High local vehicle traffic further enhances its appeal. This deep infill location in Bergen County, the fourth most densely populated county in New Jersey, offers exceptional potential for a discerning buyer. The property's previous use as a physical therapy center provides a potential template for future tenants. This is a rare opportunity to acquire a substantial retail space in a thriving New Jersey market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,703,530
    Hospitality
    $1,560,425
    Educational
    $1,298,255
    Medical
    $1,342,904
    Retail
    $2,019,508

Location Insight

City
Hackensack
County
Bergen
State
New Jersey
Latitude
40.8979
Longitude
-74.0405
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$82,457
$1,057,500
$2,021,100
$3,078,600
-
$1,057,500
$2,021,100
$3,078,600

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