112-113 Voorhis Ln Hackensack, NJ 07601
This exceptional Hackensack, New Jersey property offers a unique investment opportunity encompassing three parcels totaling 9,364 square feet on 0.45 acres. The property is strategically located between Route 4 and I-80, providing convenient access to major transportation arteries and the Bergen Town Center. The offering includes three distinct components: a 0.13-acre vacant lot (112 Johnson Ave), a 3,456 square foot move-in ready office space (113 Johnson Ave) with 2023 taxes of $19,323.85, and a 5,858 square foot warehouse (17 Voorhis Ln) featuring two drive-ins, 14-foot ceilings, and a tenant in place through December 2025. The warehouse parcel encompasses 0.25 acres and had 2023 taxes of $27,684.46. The vacant lot (Parcel 1) had 2023 taxes of $2,850.21. This diverse portfolio presents a compelling opportunity for investors seeking a blend of immediate income and future development potential. The combined 2023 tax assessment for all three parcels totaled $49,858.52. The property's prime location and versatile space make it ideal for a variety of uses. This is a rare chance to acquire a multi-faceted industrial property in a thriving New Jersey market. The address is 112-113 Johnson Avenue and 17 Voorhis Lane, Hackensack, NJ 07601. The property consists of Lot #27 and #28 in Block #535 and Lot #47 in Block #525.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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