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Downtown Office Building
For Sale
$2,450,000

354 State St, Hackensack, NJ 07601

Redevelopment-zone property with multiple permitted uses and parking for 25 vehicles.

Property SizeContact for details
Days on Market160

Property Features for 354 State St

General Information

Standard status Active
Total Parking Spaces 25

Additional Details

Cap Rate 7.75%
Public Transit Yes

Taxes and HOA fees

Annual Taxes $33,616
Listing Agency: Terrie O'Connor Realtors-Wyckoff
Listed By: Linda DeSantis · License #0677472
Source: Exprealty
Added: Mar 15 Changed: Aug 20 Last Checked: Aug 20 at 2:09PM

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 Terrie O'Connor Realtors-Wyckoff

Investment Insights

Based on property information with market context.

This office building at 354 State St in Hackensack offers a flexible commercial configuration within the city’s redevelopment zone. The property supports multiple permitted uses and may accommodate an owner-user, office occupancy, or redevelopment plan. A 7.75 cap rate is associated with the asset, and on-site parking includes 25 spaces.

The property is situated in downtown Hackensack, near Hackensack Medical Center, train stations, and the River Street bus terminal. The surrounding area includes restaurants, retail, parks, recreation areas, and a performing arts center. Transportation connections provide access to New York City and other destinations.

Key Highlights

  • 7.75 cap rate
  • Redevelopment‑zone property with multiple permitted uses
  • 25 on‑site parking spaces

Property Analytics

Current Use

Luxe Glam by ... Cosmetic Store Maintainedly Advertising Agency Chronic Care Management ... Medical Clinic Junk-A-Haulics Waste Management Facility John P. Cito Department Store

Suggested Use

Top Pick Garden Center Bar & Pub Pet Grooming Service Hotel & Motel Florist Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,162
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Redevelopment-zone property with multiple permitted uses and parking for 25 vehicles.
Where is this office building located?
The property is located at 354 State St Hackensack, NJ.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 7.75 cap rate; Redevelopment‑zone property with multiple permitted uses; 25 on‑site parking spaces
More about this property
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