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200 Passaic St 4,600 SF Office Building Hackensack, NJ 07601 $1,300,000 ($282.61/SF)
Investment Highlights
- Convenient access to major highways and public transportation
- Backup generator for continued operation during power outages
- On-site parking
Executive Summary
200 Passaic Street | Hackensack, NJ
Positioned in the heart of Hackensack, 200 Passaic Street presents an opportunity to acquire an approximately 4,600 SF, three-story commercial office building with a flexible multi-office configuration.
Well suited for an investor or owner-user, the property offers multiple private office areas across three levels with the potential for additional rental income.
Property Highlights
Approximately 4,600 SF of commercial office space
Three-story office building
Flexible multi-office configuration
Owner-user or investment opportunity
Accessible restroom facilities
Backup generator for continued operation during power outages
Unfinished basement providing additional storage
On-site parking
Conveniently located near Hackensack University Medical Center, Bergen County government and courthouse facilities, public transportation, and major regional roadways, the property offers excellent accessibility within one of Bergen County’s established commercial markets.
Positioned in the heart of Hackensack, 200 Passaic Street presents an opportunity to acquire an approximately 4,600 SF, three-story commercial office building with a flexible multi-office configuration.
Well suited for an investor or owner-user, the property offers multiple private office areas across three levels with the potential for additional rental income.
Property Highlights
Approximately 4,600 SF of commercial office space
Three-story office building
Flexible multi-office configuration
Owner-user or investment opportunity
Accessible restroom facilities
Backup generator for continued operation during power outages
Unfinished basement providing additional storage
On-site parking
Conveniently located near Hackensack University Medical Center, Bergen County government and courthouse facilities, public transportation, and major regional roadways, the property offers excellent accessibility within one of Bergen County’s established commercial markets.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1916/2016
Price
$1,300,000
Price Per SF
$282.61
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,300 SF
Slab To Slab
10’
Building FAR
0.66
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
B-1, Hackensack City - R-3B zoning according to Hackensack City. Zoning to be confirmed.
Parking
8 Spaces (1.74 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Backup Power / Generators
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-00433-0000-00001 | Improvements Assessment | $331,200 |
| Land Assessment | $510,000 | Total Assessment | $841,200 |
Property Taxes
Parcel Number
23-00433-0000-00001
Land Assessment
$510,000
Improvements Assessment
$331,200
Total Assessment
$841,200
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200 Passaic St