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179 Hackensack Plank Rd - 179 Hackensack Plank Rd, Weehawken, NJ 07086 6 Unit Apartment Building Offered at $2,400,000 at a 3.32% Cap Rate Weehawken, NJ 07086
INVESTMENT HIGHLIGHTS
- Amazing location for easy access to NYC
- Separate utilities for low monthly operating expenses
- Fully renovated building and apartments
EXECUTIVE SUMMARY
Renovated 6-family investment property in a prime Weehawken location at 179 Hackensack Plank Rd, offering immediate access to major transportation, the Hudson waterfront, and quick commutes into Manhattan. The building is 100% occupied with registered rents, providing stable, predictable cash flow from day one. The building and all units have been tastefully updated, reducing near-term maintenance and supporting strong tenant retention. Some improvements include a replacement of all 30+ Andersen windows, new roof, new kitchens and bathrooms, as well as a new outdoor deck. With a proven rental history, reliable tenancy, and continued appreciation in Weehawken’s high-demand market, this property offers excellent long-term upside for investors through gradual rent stabilization and sustained rental growth. A rare, low-maintenance multifamily opportunity in one of Hudson County’s most desirable communities. Inquire today for more information on this incredible opportunity. Building can be delivered vacant at closing.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
AMENITIES
UNIT AMENITIES
- Granite Countertops
- Stainless Steel Appliances
- Walk-In Closets
- Yard
- Basement
- Deck
- Large Bedrooms
SITE AMENITIES
- Fenced Lot
- Gas Range
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,381 | - |
| 1+1 | 1 | $1,119 | - |
| 2+1 | 1 | $1,734 | - |
| 2+1 | 1 | $1,458 | - |
| 1+1 | 1 | $1,381 | - |
| 2+1 | 1 | $1,818 | - |
1 1
Walk Score®
Walker's Paradise (91)
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179 Hackensack Plank Rd - 179 Hackensack Plank Rd, Weehawken, NJ 07086
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