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Investment Highlights

  • Located in Hackensack’s industrial submarket with convenient access to major Northern New Jersey transportation routes.
  • Within short walking distance to Essex Street NJ Transit Station and near major commuting corridors, enhancing regional connectivity.
  • Total building size of approximately 8,500 SF on a 0.21-acre lot, suitable for general industrial use.
  • Proximity to airports such as Newark Liberty International (22 minutes) and freight ports, supporting distribution and logistics operations.

Executive Summary

116 S. Newman Street presents an exceptional opportunity to acquire an industrial warehouse property in one of Bergen County’s most strategically located commercial corridors. Situated in the heart of Hackensack’s established industrial district, the property offers outstanding accessibility for warehouse, distribution, manufacturing, contractor, logistics, storage, showroom, and commercial service users.
The property benefits from immediate access to major regional highways including Route 17, Route 4, Interstate 80, the Garden State Parkway, and Interstate 95/New Jersey Turnpike, allowing for efficient access throughout Northern New Jersey, New York City, and the greater tri-state area. Its central Bergen County location provides convenient connectivity to ports, airports, and dense surrounding population centers.
The building features the characteristics today’s industrial and warehouse users seek, including warehouse and operational space with a surrounding area that is home to a wide range of established industrial, food distribution, logistics, service commercial, and light manufacturing businesses, making it an ideal location for companies seeking operational efficiency and proximity to customers and labor.
Hackensack continues to experience significant investment and redevelopment activity, further enhancing the long-term appeal of well-located industrial assets with limited supply in Bergen County. The property’s positioning within a mature commercial corridor offers tenants and owners the advantage of a proven business location with strong regional demographics and excellent accessibility.
Rare opportunity to secure a centrally located Bergen County industrial asset with strong accessibility, functional utility, and long-term value in a supply-constrained market.

Property Facts

Price $2,125,000
Price Per SF $250
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.50 AC
Rentable Building Area 8,500 SF
No. Stories 1
Year Built 1986
Tenancy Single
Parking Ratio 1.18/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning M-2 - General Industrial

Utilities

  • Heating - Gas
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
23-00100-08-00002
Land Assessment
$346,300
Improvements Assessment
$478,700
Total Assessment
$825,000
  • Listing ID: 40677466

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 116 S Newman St, Hackensack, NJ 07601

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