Property profile

505 Main St Hackensack, NJ 07601

OFF-MARKET
Commercial real estate
Property ID
US59-1276253
47,903 SF 2.62 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Executive Plaza North offers prime office space in Hackensack's vibrant Main Street Business District. This modern office complex boasts 51,655 square feet of total space, with 7,292 square feet currently available for lease. Multiple tenancy options are available, accommodating businesses seeking spaces ranging from a minimum of 950 square feet to a maximum contiguous space of 6,500 square feet. Two specific suites are immediately available: Suite 300, offering 6,312 square feet, and Suite 318, providing 980 square feet. The building's convenient location offers easy access to major roadways and is within walking distance of public transportation, diverse restaurants, and shopping amenities. Ample parking is provided, including both covered and street-level options. The available spaces are situated on the third floor, providing a modern and efficient work environment. This location provides exceptional accessibility and convenience for employees and clients alike, making it an ideal choice for businesses seeking a thriving and well-connected office space in Bergen County. The building's modern design and amenities combine to create a professional and productive atmosphere.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction STEEL FRAME
Total area 47,903 SF
Lot 2.62 ac (114,240 SF)
APN 23 00412-0000-00016
UPID US59-1276253

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Loan Service Bank
  • Bank Loan Service
  • Law Firm
  • Atm

Location

505 Main St Hackensack, NJ 07601-5900
Hackensack metro Census 23100 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
$10.28M
Comparable Approach Comparable
$8.02M
Blend (final) Blend
$10.04M

Owner & transaction history

since 2025
Last sale
$13.8M
2 recorded transactions
2025
$13.8M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $15.7M +50.2%
Office building $11.6M +10.4%

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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