Automotive Repair Facility with
308 2nd St Hackensack, NJ 07601
For Sale
Contact for pricing
Automotive repair facility includes an air-conditioned office, drive-thru capabilities, parking, and licensed operations on a half-acre lot.
Property Size10,000 SF
Lot Size0.50 Acres
Price / SF$400
Days on Market350
Property Features for 308 2nd St
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.50 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI James E. Hanson | Teterboro
(201) 478-7476
Listed By:
Dominic Fittizzi · License #8337736
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Jul 26
Last Checked: Jul 28 at 3:23PM
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 NAI James E. Hanson | Teterboro
Investment Insights
Based on property information with market context.
Automotive repair facility totaling approximately 10,000 SF on a 0.5-acre lot, with about 1,000 SF of air-conditioned office space. The property offers both exterior and interior parking and features drive-thru capabilities. A house next door is included and is described as ideal for employee housing.
The license includes Auto Body, Mechanical, and Auto Wreckage/Salvage Yard licenses. The building also includes 14’ ceiling height, supporting an active shop environment.
Taxes are listed as $22,715.25 for 2024.
The license includes Auto Body, Mechanical, and Auto Wreckage/Salvage Yard licenses. The building also includes 14’ ceiling height, supporting an active shop environment.
Taxes are listed as $22,715.25 for 2024.
Key Highlights
- 10,000 SF automotive repair facility on a 0.5‑acre lot
- Includes 1,000 SF air‑conditioned office
- Drive‑thru capabilities plus parking (exterior and interior)
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 | $300.0k | $30.00 |
| − Vacancy | −$96.0k | −$9.60 |
| EGI | $204.0k | $20.40 |
| − OpEx | −$51.0k | −$5.10 |
| NOI | $153.0k | $15.30 |
10,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.19M
$1.91M – $2.55M
NOI $153,000 @ 7.0% cap · market cap 3.82%
Second Best
Retail
$2.04M
$1.78M – $2.38M
NOI $142,733 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,784 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- JJ Excel Auto Body (Hackensack Collision Center) — 219 Sussex St, Hackensack, NJ 07601
- Digas Auto Center — 76 Union St, Hackensack, NJ 07601
- Hackensack Windshield Replacement & Repair — 15 Warren St, Hackensack, NJ 07601
- Hackensack Auto Glass Anytime — 24 Bergen St, Hackensack, NJ 07601
- Class A Autobody — 40 Railroad Ave, Hackensack, NJ 07601
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair facility includes an air-conditioned office, drive-thru capabilities, parking, and licensed operations on a half-acre lot.
Where is this auto shop located?
The property is located at 308 2nd St Hackensack, NJ.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 10,000 SF automotive repair facility on a 0.5‑acre lot; Includes 1,000 SF air‑conditioned office; Drive‑thru capabilities plus parking (exterior and interior)
