Office-Oriented Flex
For Sale
Contact for pricing
200-204 Railroad Ave, Hackensack, NJ 07601
Industrial-commercial zoning supports a substantial office-focused flex property.
Property Size29,000 SF
Price / SF$193.10
Days on Market126
Property Features for 200-204 Railroad Ave
General Information
Standard status
Active
Size
29,000 SF
Property subtype
Office, Industrial
Zoning
4B - Industrial/Commercial
Building Details
Year Renovated
2022
Listing Agency:
Nexus Realty Advisors
Listed By:
Michael Fromowitz · License #NY 10991241805
Source:
Crexi
Added: Jun 12
Changed: Oct 13
Last Checked: Oct 12 at 6:47PM
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 Nexus Realty Advisors
Investment Insights
Based on property information with market context.
This flex space comprises 29,000 square feet and is identified with office use. The property carries 4B - Industrial/Commercial zoning, providing the asset’s stated land-use designation.
Located at 200-204 Railroad Ave in Hackensack, New Jersey, the property is positioned within an established commercial address and offers a combination of flexible space classification and office functionality.
Located at 200-204 Railroad Ave in Hackensack, New Jersey, the property is positioned within an established commercial address and offers a combination of flexible space classification and office functionality.
Key Highlights
- 29,000 square feet of office‑oriented flex space
- Zoned 4B - Industrial/Commercial
- Located at 200‑204 Railroad Ave, Hackensack, NJ 07601
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$443,700
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,874,000
$8.9M
Cap Rate 7%
$6,338,571
$6.3M
Cap Rate 9%
$4,930,000
$4.9M
Market Conditions
NOI Build-Up for 29,000 SF
Gross rent
$870.0K $30.00/SF
− Vacancy
−$278.4K −$9.60/SF
EGI
$591.6K $20.40/SF
− OpEx
−$147.9K −$5.10/SF
NOI
$443.7K $15.30/SF
Area
Bergen County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,874,000
Cap Rate 7%
$6,338,571
Cap Rate 9%
$4,930,000
Alternative Uses
Best Use
Office B
$6.34M
$5.55M – $7.40M
NOI $443,700 @ 7.0% cap · market cap 7.92%
Second Best
Warehouse
$5.65M
$4.94M – $6.59M
NOI $395,254 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$7.57M
$6.63M – $8.83M
NOI $530,074 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,179
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07601, NJ
46,030
Population
21,405
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
10,960
Density / Sq Mi
$82,212
Median Household Income
$50,265
Median Earnings
$1,794
Median Rent
$370,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-commercial zoning supports a substantial office-focused flex property.
Where is this flex space located?
The property is located at 200-204 Railroad Ave Hackensack, NJ.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 29,000 square feet of office‑oriented flex space; Zoned 4B - Industrial/Commercial; Located at 200‑204 Railroad Ave, Hackensack, NJ 07601
