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142 S Main St 2 Unit Apartment Building $725,000 ($362,500/Unit) Hackensack, NJ 07601
Investment Highlights
- Great Investment
- Great upside
- Walkable location
Executive Summary
Well maintained two family house with a complete dental office on the first floor. First floor rear apartment with Eat in kitchen, Br/Lr and full bath. Second floor Five room (3+ Bedroom Apt). Full Basement and two car garage for additional income. Taxes for 2024 - $ 14,977.46
Office may be able to be delivered vacant
Office may be able to be delivered vacant
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $725,000 | Building Class | C |
| Price Per Unit | $362,500 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 2,703 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low-Rise | ||
| Zoning | R-2 | ||
| Price | $725,000 |
| Price Per Unit | $362,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 2,703 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | R-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,246 | - |
| 3+1 | 1 | $2,415 | - |
1 1
Walk Score®
Very Walkable (84)
Property Taxes
| Parcel Number | 23-00054-0000-00015 | Total Assessment | $490,100 |
| Land Assessment | $147,600 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $342,500 | Tax Year | 2025 |
Property Taxes
Parcel Number
23-00054-0000-00015
Land Assessment
$147,600
Improvements Assessment
$342,500
Total Assessment
$490,100
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Presented by
Gassib Realty
142 S Main St
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