390 Railroad AveHackensack, NJ 07601
- Industrial properties
- 21,920 SF
Property Details for 390 Railroad Ave
- Year built
- 1927
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.74 AC
- Property size (Sq ft)
- 21,920 SF
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 23 00418-0000-00014
- APU
- 2300418000000014
Description
This unique investment opportunity presents a 16-acre property located at 390 Railroad Avenue in Hackensack, New Jersey. The property is classified as "Other," indicating a versatile use potential, ideal for a variety of commercial ventures. Given its size and location, it presents a significant opportunity for developers or investors seeking a substantial land holding in a strategic New Jersey location. The property's address, 390 Railroad Avenue, suggests convenient access to transportation networks, potentially enhancing its logistical appeal for businesses requiring efficient freight movement. The absence of square footage information underscores the need for on-site assessment to determine the precise buildable area and potential development capacity. The 16-acre lot size offers considerable flexibility for future development plans, allowing for substantial construction or expansion projects. Prospective buyers are encouraged to conduct thorough due diligence to fully understand the zoning regulations, permitted uses, and any potential environmental considerations associated with the property. This property's location in Hackensack, NJ, offers access to a robust local economy and a well-established infrastructure. The lack of specific details regarding the property's current condition or improvements necessitates a comprehensive inspection to determine its current state and any necessary renovations or remediation. This presents a blank canvas for a visionary investor or developer to create a significant commercial asset. Serious inquiries are welcome.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,148,121
- Hospitality
- $3,799,657
- Educational
- $3,161,270
- Medical
- $3,269,991
- Retail
- $4,917,531
Location Insight
- City
- Hackensack
- County
- Bergen
- State
- New Jersey
- Latitude
- 40.8917
- Longitude
- -74.0448
- 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
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