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

    215 South Newman St Hackensack, NJ 07601

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    11,750 SF warehouse space with multiple loading docks.

    We can help!

    Listing Contact
    Jeffrey W. Demagistris, Sior
    Source: Naihanson

    Listing Agent: Jeffrey W. Demagistris, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Hackensack Warehouse Space for Lease

    This 11,750 square foot warehouse space is available for lease within a 63,000 square foot building. The property features ceiling heights of 15 to 16 feet. Loading is facilitated by one drive-in door measuring 9 feet high by 9 feet 5 inches wide, one loading dock measuring 8 feet high by 8 feet wide, and two loading docks with levelers, each measuring 10 feet high by 8 feet 11 inches wide. The property is equipped with 200 amps of power at 480/277 volts, with the possibility of providing additional power if needed. Trailer parking is available. Zoned M1, the property is strategically located less than a mile from Teterboro Airport, a quarter mile from Route 17, 2.5 miles from I-95, and 5.3 miles from the George Washington Bridge, providing access to regional and interstate transportation networks. The site is also 12.7 miles from the Port of Newark.
    Location Intelligence

    Current Use by Public Records

    Spartech Polycast Factory SKR Trading Inc Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Tony Moving Corp | Moving Company NJ | Mover NJ | Moving NJ | 뉴저지 이삿짐, A-1 ELITE 에이원무빙ㅣ뉴욕이사 뉴저지이사 귀국이사 타주이사 포장전문 뉴욕뉴저지이삿짐 자동차운송, Broadway SuperCar Storage, Classic F.A., S & K 2000, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Hackensack
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0581542
    Latitude
    40.8730518

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Continental Plaza

      Workspaces, services and support to help you work better in Miami Airport
      411 Hackensack Ave, Hackensack, NJ 07601
      View Details
    • Contact for pricing
      28,897 SF

      Hackensack Office Space For Rent

      Office space for rent near transportation and courthouse.
      75 Essex St, Hackensack, NJ 07601
      View Details
    • Contact for pricing
      32,334 SF

      Retail Space in Hackensack, NJ

      Retail space available in a mixed-use residential building.
      150 River St, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Freestanding Office Building Near Route 4

      Freestanding office building in central Bergen County, near Manhattan.
      224 Johnson Ave, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Class A Office Complex

      Premier office space in downtown Hackensack with walkable amenities.
      19-21-25 Main St, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Hackensack Avenue Corner Office Space

      Office spaces with strong visibility and convenient highway access.
      15 Emerald St, Hackensack, NJ 07601
      View Details
    • $29 SF/Yr

      Retail Spaces in Mixed-Use Development

      Ground floor retail and restaurant spaces in Hackensack, New Jersey.
      321 Main St, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Hackensack Industrial Facility For Lease

      4,500 SF industrial facility in Hackensack's industrial district.
      130 Railroad Ave, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Retail Space in Hackensack

      Retail end cap unit available in mixed-use residential building.
      150 River St, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Hackensack Office Space Available

      Office space for rent near Court House and HUMC.
      75 Essex St, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Freestanding Office Building Near Route 4

      Freestanding office building in central Bergen County, near Manhattan.
      224 Johnson Ave, Hackensack, NJ 07601
      View Details
    • Contact for pricing

      Class A Office Complex

      Premier office complex in downtown Hackensack with walkable amenities.
      19-21-25 Main St, Hackensack, NJ 07601
      View Details

    FAQs

    What type of property is this?
    Warehouse - 11,750 SF warehouse space with multiple loading docks.
    Where is this warehouse located?
    The property is located at 215 South Newman St Hackensack, NJ.
    What are key features of this property?
    This property features: - Strategic location: less than a mile from Teterboro Airport, ¼ mile from Route 17, 2.5 miles from I-95, and 5.3 miles from the George Washington Bridge.; - Multiple loading options: Featuring one drive-in, one loading dock, and two loading docks with levelers.; - Available space: 11,750 SF within a 63,000 SF building.
    (201) 970-7564
    Request Owner's contact information
    215 South Newman St Hackensack, NJ 07601
    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.
    215 South Newman St
    Hackensack, NJ 07601
    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
    215 South Newman St Hackensack, NJ 07601
    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
    Jeffrey W. Demagistris, Sior
    (201) 970-7564 (201) 488-5800 (201) 478-7360
    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!