Financial
Distress signals
Property profile

89 Essex St Hackensack, NJ 07601

OFF-MARKET
Commercial real estate
Property ID
US59-2038699
2,992 SF 0.2 ac lot Built 1907
Last sale Oct 1993 · $125,000
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional multifamily investment opportunity encompasses two properties located at 89 & 95 Essex Street, Hackensack, New Jersey, offering a combined 21,169 square feet on a generous 4.86-acre lot. The property is zoned B-2 and IO-1A (inclusionary housing overlay), presenting versatile commercial and residential development potential. Currently configured as a single-family rental portfolio, this asset presents a strong foundation for immediate income generation and future expansion.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$26k
Tax billed · 2022
Assessed value · 2023$941k
Assessed land$180k
Assessed improvement$761k
Effective rate2.78%

Value estimate

· Sep 2026
$605k
$545k – $666k
AI approach$370k
CAP approach$640k
Sales comparison$518k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
ZIP average, outlier-cleaned · 151 recorded sales of this use type
Observed band · Q1–Q3$167 – $298
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.0
Pet Grooming Service8.7
Veterinary Clinic8.0

Location

89 Essex St Hackensack, NJ 07601-4054
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
113 Johnson, Hackensack, NJ 07601-4825 $425,000 Feb 2026 2,835 SF
58 Voorhis, Hackensack, NJ 07601-4820 $800,000 Apr 2025 3,430 SF
119 John, Hackensack, NJ 07601-4129 $550,000 Mar 2025 2,298 SF
95 Myer, Hackensack, NJ 07601-4113 $750,000 Mar 2025 3,214 SF
267 Un, Hackensack, NJ 07601-4204 $750,000 Feb 2025 3,005 SF
100 Essex, Hackensack, NJ 07601-4028 $795,000 Oct 2024 3,810 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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