First-Floor Office Suite with Private
For Sale
$199,000
235 Prospect Avenue Unit 2 / LE, Hackensack, NJ 07601
First-floor office suite with two private offices, an open work area, and dedicated parking for professional practices.
Property Size900 SF
Price / SF$221.11
Days on Market163
Property Features for 235 Prospect Avenue Unit 2 / LE
General Information
Standard status
Active
Size
900 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Listing Agency:
KELLER WILLIAMS VILLAGE SQUARE REALTY
(201) 398-9898
Listed By:
Zohar Zamir · License #0791149
(201) 398-9898
Source:
Xome
Added: Feb 18
Changed: Jul 10
Last Checked: Jun 15 at 5:10AM
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.
This first-floor office suite, identified as Unit 2 / LE, is laid out for a professional mix of collaboration and privacy. The space includes a spacious open bullpen/work area plus two private offices. One of the offices includes an in-office shower, and there is also a private bathroom, adding convenience for day-to-day use. The unit is positioned within a well-maintained, professional building environment.
The property is located at 235 Prospect Avenue in Hackensack and is described as offering easy access to major highways, public transportation, and nearby amenities. The offering also includes dedicated parking spaces for occupants.
The layout is well-suited to office-based users such as medical, legal, accounting, therapy, or other professional practices that need both shared workspace and separate rooms for client meetings or administrative work. With its combination of open area, private offices, and in-unit bathroom and shower access, the suite can support day-to-day operations while maintaining a functional, client-friendly setting. HOA is listed as $694 per month plus a $32 special assessment.
The property is located at 235 Prospect Avenue in Hackensack and is described as offering easy access to major highways, public transportation, and nearby amenities. The offering also includes dedicated parking spaces for occupants.
The layout is well-suited to office-based users such as medical, legal, accounting, therapy, or other professional practices that need both shared workspace and separate rooms for client meetings or administrative work. With its combination of open area, private offices, and in-unit bathroom and shower access, the suite can support day-to-day operations while maintaining a functional, client-friendly setting. HOA is listed as $694 per month plus a $32 special assessment.
Key Highlights
- First‑floor office suite with approx. 900 sq. ft. of professional office space
- Open bullpen/work area plus two private offices
- One private office includes an in‑office shower and private bathroom
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,557
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Office units - First-floor office suite with two private offices, an open work area, and dedicated parking for professional practices.
Where is this office units located?
The property is located at 235 Prospect Avenue Unit 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: First‑floor office suite with approx. 900 sq. ft. of professional office space; Open bullpen/work area plus two private offices; One private office includes an in‑office shower and private bathroom
