Technical
Financial
Distress signals
Property profile

390 Railroad Ave Hackensack, NJ 07601

OFF-MARKET
Industrial properties
Property ID
US59-0095925
21,920 SF 0.74 ac lot Built 1927
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This unique investment opportunity presents a 16-acre property located at 390 Railroad Avenue in Hackensack, New Jersey. The property is classified as "Other," indicating a versatile use potential, ideal for a variety of commercial ventures. Given its size and location, it presents a significant opportunity for developers or investors seeking a substantial land holding in a strategic New Jersey location. The property's address, 390 Railroad Avenue, suggests convenient access to transportation networks, potentially enhancing its logistical appeal for businesses requiring efficient freight movement. The absence of square footage information underscores the need for on-site assessment to determine the precise buildable area and potential development capacity. The 16-acre lot size offers considerable flexibility for future development plans, allowing for substantial construction or expansion projects. Prospective buyers are encouraged to conduct thorough due diligence to fully understand the zoning regulations, permitted uses, and any potential environmental considerations associated with the property. This property's location in Hackensack, NJ, offers access to a robust local economy and a well-established infrastructure. The lack of specific details regarding the property's current condition or improvements necessitates a comprehensive inspection to determine its current state and any necessary renovations or remediation. This presents a blank canvas for a visionary investor or developer to create a significant commercial asset. Serious inquiries are welcome.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1927
Construction CONCRETE BLOCKS
Total area 21,920 SF
Lot 0.74 ac (32,038 SF)
APN 23 00418-0000-00014
UPID US59-0095925

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

390 Railroad Ave Hackensack, NJ 07601
Hackensack metro Census 23501 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.79M
Comparable Approach Comparable
$3.94M
Blend (final) Blend
$4.08M

Owner & transaction history

since 2025
Last sale
$4.3M
3 recorded transactions
2025
$4.3M
2006
$10
2006
$1.8M

Zoning & alternative use

Top alternative use upside
Office building $5.3M +17.2%
Commercial (general) $4.8M +6.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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