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    134 Anderson St, Unit 128 Hackensack, NJ 07601

    For Sale
    $3,750,000

    Mixed-use property with retail and residential units in Opportunity Zone.

    Property Features for 134 Anderson St

    General Information

    Standard status
    Active

    Source: KNC REALTY LLC Agent KEN GHILHO CHOI

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

    Overview

    Hackensack Mixed-Use Investment Opportunity

    Located in an Opportunity Zone near the Anderson train station, this property features a mix of commercial and residential spaces. The first floor is occupied by two retail tenants: a discount liquor store and a deli restaurant. The second floor contains six apartment units, including two one-bedroom units and four studio apartments. The property generates a steady net operating income (NOI) of $180,000. The surrounding Hackensack downtown area is undergoing significant development, with approximately 3,000 new residential units being completed or under construction. Furthermore, a new construction project of 200 apartment units is planned to commence soon across the street on the site of a former Walgreens property.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    EMMA, MAHARAJA HYPERMARKET, Grab - And - Go Meats, Casa Delfina, Giant Farmers Market

    Location Insight

    • Map
    • Local Demand
    City
    Hackensack
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0443729
    Latitude
    40.8943755

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    FAQs

    What type of property is this?
    Grocery and convenience store - Mixed-use property with retail and residential units in Opportunity Zone.
    Where is this grocery and convenience store located?
    The property is located at 134 Anderson St, Unit 128 Hackensack, NJ.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - High NOI: $180,000 net operating income.; - Prime Location: Located next to the Anderson train station.; - Opportunity Zone: Take advantage of potential tax benefits and investment incentives.
    Request Owner's contact information
    134 Anderson St, Unit 128 Hackensack, NJ 07601
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    Hackensack, NJ 07601
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    Realmo Value Estimation

    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.

    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.

    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
    134 Anderson St, Unit 128 Hackensack, NJ 07601
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