Hackensack Office Space For
235 Prospect #2 / LE Hackensack, NJ 07601
235 Prospect #2 / LE, Hackensack, NJ, 07601
$199,000
For Sale
$199,000
Versatile 900 sq ft office space in Hackensack, NJ.
Property Size900 SF
Price / SF$221.11
Days on Market133
Property Features for 235 Prospect #2 / LE
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Commercial
Listing agency
KELLER WILLIAMS VILLAGE SQUARE REALTY
(201) 445-4300
Listed by
ZOHAR ZAMIR · License #0791149
Source
Corcoran
Added: Mar 11 Updated: Jul 6 at 12:20PM Checked: Jul 21 at 5:21AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| 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 Uses
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.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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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.
