36 Bergen St, Hackensack, NJ 07601
36 Bergen St, Hackensack, NJ 07601Basic Details
- Date added: Added 4 weeks ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
7,320 SF Vacant Office Building Hackensack, NJ 07601 $1,895,000 ($258.88/SF) 7.50% Cap Rate
This two-story professional office building located at 36 Bergen Street in Hackensack, New Jersey, presents a significant investment opportunity within the governmental and professional hub of Bergen County. The property, situated on a 5,676 square foot lot, encompasses approximately 7,320 square feet of interior space and includes a full basement for storage. The building will be delivered vacant, offering flexibility for an owner-user or the potential for lease-up at prevailing market rates.
The ground floor has been fully renovated between November 2022 and January 2023, starting from a shell condition. This level is move-in ready and features seven private offices, a dedicated conference room, a reception area, bathrooms, and a kitchenette. The second floor is currently in an open-concept state, providing a blank canvas for a new owner to design and construct office space tailored to their specific operational needs or to implement an alternative configuration.
Strategically positioned on Bergen Street between State Street and Main Street, the property is immediately adjacent to the Bergen County Justice Center and Court Plaza. This prime location places it within an established civic and professional corridor, historically attractive to law firms, title companies, and various professional service providers. The daily traffic count of approximately 7,600 vehicles passing the site ensures strong visibility for employees, clients, and visitors.
Accessibility is a key advantage of this location. The property is within a ten-minute walk of NJ Transit's Essex Street Station, facilitating convenient regional transit. Direct connectivity to major roadways including Interstate 80, Route 4, Route 17, and the Garden State Parkway is readily available, with Midtown Manhattan approximately twelve miles to the southeast. The surrounding Downtown Hackensack area is experiencing ongoing redevelopment, with significant residential investments and municipal improvements enhancing its appeal as a walkable commercial district.
Property Details
- Area: 7,320 sq ft
- Year built: 1986
- Sale Type: Investment or Owner User
- Cap Rate: 7.50%
- Building Size: 7,320 SF
- Building Class: B
- Typical Floor Size: 3,660 SF
- Tenancy: Multiple
- Percent Leased: Vacant
- Building Height: 2 Stories
- Building Far: 1.29
- Opportunity Zone: Yes
- Zoning: B-2 - Business District (B-2) — permits professional office use
Highlights
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- Move-In Ready Ground Floor | 7 Private Offices + Conference Room
- Delivered 100% Vacant
- 10-Min Walk to NJ Transit Essex Street Station
- Flexible 2nd Floor | Open-Concept Blank Canvas
- Steps from Bergen County Justice Center & Court Plaza
- ~7,600 VPD | Strong Bergen Street Visibility
Property Taxes
- Parcel Number: 23-00209-0000-00007
- Land Assessment: $240,000
- Improvements Assessment: $1,260,000
- Total Assessment: $1,500,000
Agent
Stephen Preuss
Ripco Real Estate
Kevin Louie
Ripco Real Estate
Noah Savoie
Ripco Real Estate
Location
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