294-298 State StHackensack, NJ 07601

  • Other commercial real estate
  • 9,836 SF
For Sale
$2,500,000 View listing

Property Details for 294-298 State St

Year built
1945
Construction
BRICK
Lot size
0.39 AC
Property size (Sq ft)
9,836 SF
Property type
Other commercial real estate
APN
23 00315-0000-00015
APU
2300315000000015

Description

This exceptional commercial property, located at 294-298 State Street in the vibrant city of Hackensack, New Jersey, presents a compelling investment opportunity. Priced at $2,500,000, this property offers significant potential for a variety of commercial uses. While the precise square footage is not currently available, the property's strategic location on State Street ensures high visibility and accessibility. The property sits on a lot with zero acres, indicating a compact and potentially easily managed footprint. The property type is classified as "Other," suggesting flexibility in its potential applications. Given its prime location in Hackensack, a bustling city with a strong commercial presence, this property is well-positioned to benefit from the area's economic activity and growth. Further due diligence is recommended to fully assess the property's potential and suitability for specific commercial ventures. Interested parties are encouraged to conduct thorough inspections and research to determine the optimal use and development strategy for this promising investment. The absence of specified square footage necessitates a site visit to accurately assess the property's dimensions and layout. This property represents a unique opportunity to acquire a strategically located commercial asset in a thriving New Jersey market. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,861,356
    Hospitality
    $1,704,992
    Educational
    $1,418,533
    Medical
    $1,467,319
    Retail
    $2,206,608
294-298 State St, Hackensack, New Jersey

Location Insight

City
Hackensack
County
Bergen
State
New Jersey
Latitude
40.8876
Longitude
-74.0424
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
$65,051
$715,000
$1,713,700
$2,428,700
-
$715,000
$1,713,700
$2,428,700

FAQs

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