Hackensack Office Space For
235 Prospect #2 / LE, Hackensack, NJ 07601
Versatile 900 sq ft office space in Hackensack, NJ.
Property size:
900 SFPrice / SF:
$221/SF- Added:
- Mar 11, 2026
- Days on Market:
- 68
- Last Refresh:
- Mar 16 at 11:05 am
Property Features for 235 Prospect #2 / LE
General Information
- Standard status
- Active
- Size
- 900 SF
Listing agent ZOHAR ZAMIR License #0791149
Listing office KELLER WILLIAMS VILLAGE SQUARE REALTY (201) 445-4300
Listing date Mar 11, 2026
Source Corcoran
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 KELLER WILLIAMS VILLAGE SQUARE REALTY
HighLights
- Versatile 900 sq. ft. office space suitable for various professional practices.
- Strategically located with easy access to major highways, public transportation, and nearby amenities.
- Functional layout with spacious open work area and two private offices.
- Includes a private bathroom and an in‑office shower.
- Dedicated parking spaces included.
- Well‑maintained, professional building environment.
Overview
Located in the Blair House in Hackensack, this commercial space offers approximately 900 sq. ft. of office space suitable for medical, legal, accounting, therapy, or other professional practices. The layout includes a spacious open bullpen/work area and two private offices, one of which features an in-office shower. A private bathroom is also included. The property benefits from dedicated parking spaces and access to a well-maintained professional building environment. The location provides convenient access to major highways, public transportation, and nearby amenities. The HOA fee is $694 per month, plus a $32 special assessment.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$153.0K
NOI $13,770 @ 9.00% cap · cautious / downside scenario
Moderate
$196.7K
NOI $13,770 @ 7.00% cap · market / base-case scenario
Aggressive
$275.4K
NOI $13,770 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $30.00 |
| − Vacancy | −$8.6k | −$9.60 |
| EGI | $18.4k | $20.40 |
| − OpEx | −$4.6k | −$5.10 |
| NOI | $13.8k | $15.30 |
900 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$196.7K
$172.1K – $229.5K
NOI $13,770 @ 7.0% cap · market cap 6.92%
Second Best
Healthcare Medical
$191.4K
$167.5K – $223.4K
NOI $13,401 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$235.0K
$205.6K – $274.2K
NOI $16,451 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Map
- City
- Hackensack
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0466
- Latitude
- 40.8892
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Versatile 900 sq ft office space in Hackensack, NJ.
Where is this office units located?
The property is located at 235 Prospect #2 / LE Hackensack, NJ.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Versatile 900 sq. ft. office space suitable for various professional practices.; Strategically located with easy access to major highways, public transportation, and nearby amenities.; Functional layout with spacious open work area and two private offices.
