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    Property profile & analytics

    60 Commerce Way Hackensack, NJ 07601-6302

    • Industrial properties
    • 42,203 SF
    • 1.76 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US59-0093002
    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

    • LEE MODE, Inc. / Jewelry Store

    Property Details for 60 Commerce Way

    Year built
    1968
    Construction
    CONCRETE BLOCKS
    Lot size
    1.76 lot acres
    Property size
    42,203 SF
    Property type
    Industrial properties
    APN
    23 00504- 02-00014- 09
    APU
    2300504020001409

    Description

    This exceptional 42,530-square-foot industrial property, situated on a four-acre lot in Hackensack's M-1 zoned submarket, presents a unique opportunity. Built in 1986 and renovated in 2006, this single-tenant warehouse/flex space offers 12,500 square feet of immediately available space. The building boasts a single story with a 16-foot ceiling height, perfect for various industrial uses. Access is convenient with one drive-in bay and ample parking for 120 vehicles. While there are no loading docks, the property features private restrooms and shower facilities, adding to its functionality. The property is currently powered and is in excellent condition. The lease rate does not include utilities, property expenses, or building services. This is a prime location in Hackensack, offering a significant advantage for businesses seeking efficient and well-maintained warehouse space. The property's size and features make it ideal for a variety of industrial and flex-use tenants. Don't miss this chance to secure a well-maintained, spacious warehouse in a desirable Hackensack location.

    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
    -74.0311
    Latitude
    40.9116
    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
    $164,589
    $1,983,600
    $5,049,600
    $7,033,200
    -
    $1,983,600
    $5,049,600
    $7,033,200

    Comparable in this City

    • Value Estimation by Request
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      111 Essex St

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      15 Moonachie Rd

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      8,157 SF

      34 Moonachie Rd, Unit 36

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      195 Riv St

      INDUSTRIAL (GENERAL) • 21,447 SF
      195 Riv St, Hackensack, NJ 07601-6926
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    • Value Estimation by Request
      8,821 SF

      403 Riv St07

      INDUSTRIAL (GENERAL) • 8,821 SF
      403 Riv St07, Hackensack, NJ 07601
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      Hackensack Warehouse Space Available

      Warehouse space in Hackensack with parking and drive-in access.
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    Hackensack, NJ 07601-6302
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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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