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    150 Wesley Street South Hackensack, NJ 7606

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    For Lease
    $17 SF/Yr

    26,929 sq. ft. warehouse/industrial unit for lease.

    Type:Industrial, Land
    Property size:
    29,929 SF
    Added:
    Mar 12, 2026
    Days on Market:
    21
    Last Refresh:
    Mar 16 at 12:18 pm

    Property Features for 150 Wesley Street

    General Information

    Standard status
    Active
    Size
    29,929 SF
    Property subtype
    Industrial, Land

    Spaces For Lease

    at 150 Wesley Street Contact us

    Unit 3 $17 /Mo

    Size
    26,929 SF
    Type
    Industrial, Land
    Warehouse Space: 24,292 ± sq. ft.rnLease Rate: $17.00 psfrnTaxes/Ins: $2.69 /$0.36...
    show more
    Contact us

    We can help!

    Listing Contact
    Eric Lewin
    Eric Lewin

    Listing agent Eric Lewin License #NJ 0789077

    Listing office Team Resources Commercial Real Estate Lyndhurst

    Listing date Mar 12, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Team Resources Commercial Real Estate Lyndhurst

    Overview

    South Hackensack Warehouse/Industrial Unit

    This 26,929 sq. ft. warehouse/industrial unit is available for lease in South Hackensack's industrial corridor. The location provides access to Route 17, I-80, I-95/NJ Turnpike, and the George Washington Bridge. Situated in one of Bergen County’s established industrial submarkets, this facility offers an opportunity to secure space in a supply-constrained area. The property features 29,929 square feet of warehouse/industrial space with access to major highways and the New York City metro area. It is suited for distribution, logistics, light manufacturing, or service users, featuring clear heights, loading, and flexible floor layouts.
    Location Intelligence

    Current Use by Public Records

    The Bag Lady, Inc Big Box & Wholesale Store Justin Time Foods Take-out & Catering GW Restaurant Supply Department Store Penske Truck Rental Car Rental Facility Alpha Bags & Supplies ... Department Store

    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 — 69 Wesley St Unit I, South Hackensack, NJ 07606
    • A-1 ELITE 에이원무빙ㅣ뉴욕이사 뉴저지이사 귀국이사 타주이사 포장전문 뉴욕뉴저지이삿짐 자동차운송 — 69 Wesley St Unit I, South Hackensack, NJ 07606
    • Broadway SuperCar Storage — 51 Worth St, South Hackensack, NJ 07606
    • Classic F.A. — 295 North St, Teterboro, NJ 07608
    • S & K 2000, Inc. — South Hackensack, NJ 07606

    Location Insight

    • Map
    • Local Demand
    City
    South Hackensack
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0556378
    Latitude
    40.8701576

    Nearby Similar for Lease

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      Functional Warehouse/Flex Space For Lease

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      South Hackensack Warehouse/Flex Space

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    FAQs

    What type of property is this?
    Warehouse - 26,929 sq. ft. warehouse/industrial unit for lease.
    Where is this warehouse located?
    The property is located at 150 Wesley Street South Hackensack, NJ.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Strategic location with immediate access to Route 17, I‑80, I‑95/NJ Turnpike, and the George Washington Bridge.; Located in Bergen County's established industrial submarket with limited supply.; 29,929 sq. ft. of functional warehouse/industrial space.
    We can help!
    Listing Contact
    Eric Lewin
    Eric Lewin
    Real Estate License ID: NJ 0789077
    Learn More
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    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
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