Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    60 Saddle Riv Ave South Hackensack, NJ 07026
    Property profile & analytics

    60 Saddle Riv Ave, South Hackensack, NJ 07026

    View on Map
    • Warehouses
    • 87,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 60 Saddle Riv Ave

    Year built
    1950
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional 87,000 square foot multi-tenant flex/warehouse/distribution facility, located at 60 Saddle River Avenue in South Hackensack, New Jersey, presents a unique leasing opportunity. Situated on a generous 4.31-acre lot in Bergen County, this Class C building offers 13,000 square feet of immediately available space. Built in 1950, the property boasts a desirable 13-foot ceiling height, perfect for various industrial and storage needs. The building features excellent access for loading and unloading with two loading docks and eight dock-high doors, complemented by one drive-in door. Ample parking is provided with 15 total spaces. The property's electrical service is robust, featuring 200 amps/480 volts. This versatile space is ideal for businesses seeking a flexible layout and convenient location in a thriving industrial area. The property's address is 60 Saddle River Ave, Garfield, NJ 07026. This is a rare opportunity to secure high-quality industrial space in a highly sought-after Bergen County location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Hackensack
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0989
    Latitude
    40.8642

    Comparable in this City

    • Value Estimation by Request

      417 Harrison Ave

      Office Spaces
      417 Harrison Ave, Garfield, NJ 07026
      View Details
    • Value Estimation by Request

      127 Jewell St

      Office Units
      127 Jewell St, Garfield, NJ 07026
      View Details
    • Value Estimation by Request
      1.37 Acres

      560 Riv Dr

      INDUSTRIAL (GENERAL)
      560 Riv Dr, Garfield, NJ 07026-3818
      View Details
    • Value Estimation
      $780,000
      0.11 Acres

      26 Garfield Ave

      INDUSTRIAL (GENERAL)
      26 Garfield Ave, Garfield, NJ 07026-1310
      View Details
    • Value Estimation by Request
      1.04 Acres

      42 Hepworth Pl

      INDUSTRIAL (GENERAL)
      42 Hepworth Pl, Garfield, NJ 07026-3039
      View Details
    • Value Estimation by Request
      2,112 SF

      12 Garfield Ave

      INDUSTRIAL (GENERAL)
      12 Garfield Ave, Garfield, NJ 07026-1310
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      86,003 SF

      Elmwood Park Office Building

      86,003 SqFt office building with 7.90% CAP rate.
      611 River Dr, Elmwood Park, NJ 07026
      View Details
    • Contact for pricing

      Garfield, NJ Commercial Property

      Affordable Garfield Commercial Space
      222 Macarthur Ave, Garfield, NJ 07026
      View Details
    • $759,000

      Renovated Two-Family Home in Garfield

      Renovated two-family home with modern updates and spacious layouts.
      89 Semel Ave, Garfield, NJ 07026
      View Details
    • $749,900

      Multi-Level Two-Family Home

      Two-family house in quiet neighborhood, close to transportation and amenities.
      163 Macarthur Ave, Garfield, NJ 07026
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      154,240 SF

      Industrial Warehouse Space for Lease

      154,240 SF warehouse with 3,108 SF office space available.
      290 River Dr, Garfield, NJ 07026
      View Details
    • Contact for pricing

      Industrial Space Near Transportation Hubs

      Industrial space with drive-in, air conditioning, and convenient access.
      102 Van Winkle Ave, Garfield, NJ 07026
      View Details
    • Contact for pricing

      Office with Garage For Rent

      Office space with garage near transportation and shopping.
      67 Farnham Ave, Garfield, NJ 07026
      View Details
    • Contact for pricing

      Office with Garage and Utilities

      Office space with garage, suitable for various businesses.
      67 Farnham Ave, Garfield, NJ 07026
      View Details
    • $40 SF/Yr

      Adaptable Retail/Office Space Available

      Customizable space suitable for retail or professional use.
      786 River Dr, Garfield, NJ 07026
      View Details
    • Contact for pricing

      Modern Commercial Space in Garfield

      Newly renovated 750 sq ft commercial space for rent.
      70 Main St, Garfield, NJ 07026
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    60 Saddle Riv Ave
    South Hackensack, NJ 07026
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    60 Saddle Riv Ave, South Hackensack, NJ, 07026
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!