390 Railroad Ave Hackensack, NJ 07601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.