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    Property profile & analytics

    390 Railroad Ave Hackensack, NJ 07601

    • Industrial properties
    • 21,920 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 19, 2025
    $4,300,000
    Location Intelligence
    Property ID
    US59-0095925
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 390 Railroad Ave

    Year built
    1927
    Construction
    CONCRETE BLOCKS
    Lot size
    0.74 lot acres
    Property size
    21,920 SF
    Property type
    Industrial properties
    APN
    23 00418-0000-00014
    APU
    2300418000000014

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hackensack
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0448
    Latitude
    40.8917
    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
    2022
    $85,486
    $735,000
    $2,918,000
    $3,653,000
    -
    $735,000
    $2,918,000
    $3,653,000

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    390 Railroad Ave
    Hackensack, NJ 07601
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    Realmo Value Estimation

    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.

    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.

    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
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