18 Johnson Ave, Unit 20 Hackensack, NJ 07601-4818
Property Lookup
Property profile & analytics
18 Johnson Ave, Unit 20 Hackensack, NJ 07601-4818
- Commercial real estate
- 4,224 SF
- 0.15 lot acres
Property ID
US59-1235196
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 18 Johnson Ave
- Year built
- 1915
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.15 lot acres
- Property size
- 4,224 SF
- Property type
- Commercial real estate
- APN
- 23 00524-0000-00011- 02
- APU
- 230052400000001102
Description
This exceptional Hackensack, NJ investment opportunity encompasses a 1.77-acre assemblage comprising three tax lots and multiple buildings totaling 37,800 square feet of rentable space. The property includes a vacant two-story, 4,400 square foot office building; a partially leased, single-story, 10,800 square foot retail/showroom building; and 40 Burlews Court, featuring four buildings totaling 22,600 square feet with two tailgates and four drive-in doors. The Johnson Avenue buildings are zoned B-1 (business), while 40 Burlews Court is zoned M-1 (industrial/manufacturing). The property's current tenants are on short-term leases, presenting a significant opportunity for an investor to reposition rents or for an owner-user to occupy the space. Located at 18-30 Johnson Avenue and 40 Burlews Court, Hackensack, NJ 07601, this property offers a unique blend of office, retail, and industrial space, making it an ideal investment for a diverse range of uses. The asking price for this substantial portfolio is $6,150,000. The property's strategic location in Bergen County provides excellent access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a significant multi-use property in a prime New Jersey location. The flexible zoning and diverse building types offer considerable potential for future development and income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $980,000
- 6.5%
- $905,000
- 7%
- $840,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $703,000
Market price range: $283k - $756k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $925,000 Current use
- OFFICE BUILDING
- $1,020,000 Change: +10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hackensack
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0406
- Latitude
- 40.9017
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,791
$154,500
$1,123,400
$1,277,900
-
$154,500
$1,123,400
$1,277,900
