Hackensack, NJ
Commercial Real Estate Market Trends & Data

$328 Avg asking sale price
$37 Avg asking lease rate
11,848 SF Avg unit lease size
13,089 SF Avg building size for sale
5.57% Average cap rate

Hackensack's Demographic Profile

Hackensack has 19,665 households and a median income of $73,838, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 46,921
# Households 19,665
Median age 42
Median household income $73,838
Avg household size 2.0
Renter-occupied housing units 13,234
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hackensack, NJ

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hackensack $295 14,821 SF 7.75%
Teaneck $317 12,194 SF 7.75%
Lodi $284 3,340 SF 3.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hackensack $294 12,046 SF 3.60%
Teaneck $204 11,676 SF 4.14%
Nearby Retail Markets Avg Cost/SF Typical Size
Hackensack $313 14,023 SF
Maywood $414 7,378 SF
Teaneck $347 9,153 SF
Lodi $243 9,485 SF
Rochelle Park $414 7,378 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Teaneck $515 12,633 SF 6.03%
Saddle Brook $374 3,202 SF 9.22%
Elmwood Park $379 4,357 SF 9.22%

Commercial Properties For Sale in Hackensack

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

240 State Rt 17 S

Lodi, NJ 07644

  • 28,000 SF Industrial Building
  • Price Upon Request
For Sale

Brower Realty Co.

Hackensack, NJ 07601

  • 5,380 SF Office Building
  • 5.40% Cap Rate
  • $2,150,000
For Sale

70 Essex St

Hackensack, NJ 07601

  • 8,000 SF Retail Building
  • $1,150,000
For Sale

200-204 Railroad Ave

Hackensack, NJ 07601

  • 29,000 SF Industrial Building
  • $5,600,000
For Sale

Auto Body

Little Ferry, NJ 07643

  • 3,000 SF Retail Building
  • $1,199,000
For Sale

17 Voorhis Ln

Hackensack, NJ 07601

  • 5,858 SF Industrial Building
  • $1,099,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hackensack pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hackensack $328 13,089 SF
Bogota $148 24,306 SF
Maywood $414 7,722 SF
Teaneck $344 11,332 SF
Lodi $325 6,190 SF

Regional Demographic Comparison

This comparison places Hackensack alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hackensack or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Bogota 8,157 2,732 41 $107,143 3 1,024 -3%
Maywood 9,623 3,525 44 $103,919 3 1,190 -2%
Lodi 22,147 8,408 40 $72,099 3 5,128 -6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hackensack, NJ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hackensack

View All Commercial Real Estate For Sale in Hackensack
Is Hackensack a good market for a first-time commercial real estate investor?

Hackensack offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hackensack?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hackensack. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hackensack?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hackensack. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hackensack compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hackensack. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hackensack acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hackensack, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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