This commercial property, located at 5 Lawton Street in Hackensack, New Jersey, presents a distinct investment opportunity. Situated within the M-1 Manufacturing zoning district, the property is specifically designated for industrial use. The parcel comprises an industrial lot, offering a foundation for various commercial and manufacturing endeavors. The current tax assessment for 2024 is $5,461, providing a clear understanding of the annual financial obligations associated with ownership.
The property is offered at a price of $550,000. Its classification as an industrial property under the M-1 zoning indicates its suitability for businesses involved in manufacturing, warehousing, or other industrial operations. The specific details regarding the total land area, building square footage, and any existing structures are not provided, but the emphasis on an industrial lot suggests a focus on land utility for such purposes.
Further details regarding the property's physical characteristics, such as year built, building class, or height, are not specified in the available information. Similarly, information pertaining to parking availability, frontage, tenancy, or capitalization rate is absent. However, the core offering centers on the land and its zoning classification, making it a potential site for development or expansion within the industrial sector.
This offering is categorized as an investment property, highlighting its potential for generating returns through rental income or future appreciation. The property's location in Hackensack, NJ, places it within a commercially active region. Prospective buyers are encouraged to conduct their own due diligence to ascertain the full scope of possibilities and any specific requirements related to the M-1 zoning designation.

NAI James E. Hanson, Inc.

NAI James E. Hanson, Inc.

NAI James E. Hanson, Inc.

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