Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    55 Hackensack Plank Rd Weehawken, NJ 07086

    View on Map
    Sponsored
    For Sale
    $365,000

    Vacant Land - Weehawken, NJ

    Days on Market:
    81
    Last Refresh:
    Mar 8 at 11:06 pm

    Property Features for 55 Hackensack Plank Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    THOMAS COURTENAY BATCHA

    Prominent Properties (201) 795-5200

    Listing agent THOMAS COURTENAY BATCHA (201) 795-5200 License #0125546

    Listing date Dec 18, 2025

    MLS# 250015529 Listing URL

    Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Weehawken Land with NYC Views

    This offering presents a rare opportunity for builders and investors to develop one to three family homes in a desirable cliffside location with direct views of the Manhattan skyline. The property includes two adjoining vacant lots being sold together as a package. The lots are located on Hackensack Plank Road, identified as Block 15, Lot 48 (40 ft x 50 ft) and Block 15, Lot 46 (51 ft x 57 ft). Both lots are zoned for one-family, two-family, or three-family residential development, providing flexibility for custom home designs or income-producing properties. This prime location is ideal for a boutique residential project in a rapidly developing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Weehawken
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0261241
    Latitude
    40.7633016

    Nearby Similar for Sale

    • $839,000

      Weehawken Two-Family Home Near NYC

      Two-family home near NYC with finished basement and convenient location.
      2808 Palisade Ave, Weehawken, NJ 07086
      View Details
    • New
      $99,000

      Turnkey Restaurant Opportunity

      Turnkey restaurant for sale in Weehawken's developing area.
      2812 Palisade Ave, Weehawken, NJ 07086
      View Details
    • $1,199,000
      Pending

      Renovated Two-Family Home in Weehawken

      Rare, renovated two-family home with parking and yard near NYC.
      63 Highwood Ter, Weehawken, NJ 07086
      View Details
    • New
      $1,999,000

      Weehawken Three-Family Home with Views

      Three-family home with Manhattan skyline views, convenient location.
      1021 Boulevard EAST, Weehawken, NJ 07086
      View Details
    • $1,049,000

      Weehawken Three-Family Colonial Home

      Well-maintained three-family home in desirable Weehawken location.
      136 Shippen St, Weehawken, NJ 07086
      View Details
    • $589,700

      Gregory Ave Specialty Property

      Specialty property available for sale in Weehawken, New Jersey.
      518-536 Gregory Ave, Weehawken, NJ 07086
      View Details
    • $549,000

      Weehawken Specialty Property For Sale

      Specialty property available for purchase in Weehawken, New Jersey.
      518-536 Gregory A425, Weehawken, NJ 07086
      View Details
    • $640,000

      Luxury Condo with Manhattan Views

      Spacious condo with Manhattan views and luxury amenities.
      518 Gregory Ave, Weehawken, NJ 07086
      View Details
    • $340,000

      Weehawken One-Bedroom Condo with Views

      Charming condo with NYC views, convenient to transportation.
      851 Boulevard East A1, Weehawken, NJ 07086
      View Details
    • $449,000

      Remodeled Co-op with NYC Views

      Weehawken co-op with Manhattan skyline and Hudson River views.
      899 Boulevard EAST 4O, Weehawken, NJ 07086
      View Details
    • $1,499,000

      Port Imperial Specialty Property

      Specialty property available for sale in Weehawken.
      1200 Ave At Prt, Weehawken, NJ 07086
      View Details
    • $2,400,000

      Renovated Multifamily Investment in Weehawken

      Renovated 6-unit building in prime location with Manhattan access.
      179 Hackensack Plank Rd, Weehawken, NJ 07086
      View Details

    FAQs

    What type of property is this?
    Land - Rare opportunity to develop homes with Manhattan skyline views.
    Where is this land located?
    The property is located at 55 Hackensack Plank Rd Weehawken, NJ.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: - Direct, **panoramic views of the Manhattan skyline.**; - Rare opportunity to develop 1-3 family homes on a cliffside location.; - Two adjoining vacant lots included in the sale.
    (201) 795-5200
    Request Owner's contact information
    55 Hackensack Plank Rd Weehawken, NJ 07086
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    55 Hackensack Plank Rd
    Weehawken, NJ 07086
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Hackensack Plank Rd Weehawken, NJ 07086
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    THOMAS COURTENAY BATCHA
    Real Estate License ID: 0125546
    (201) 795-5200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!