216 River St Hackensack, NJ 07601
Estimated payment $5,762/month
About This Lot
This bundle of three lots, totaling 8400 sf (60x140), presents an exceptional investment opportunity in the heart of Hackensack. The property offers two means of ingress/egress; one off bustling River St w/ roughly 22,000 cars passing daily, and the other right behind on a much quieter Midtown Pl, enhancing accessibility and flexibility for various uses. Surrounded by Hackensack's significant redevelopment efforts, which will result in 4,000 new residences, new parks, plazas, and retail spaces, this site is perfectly positioned to benefit from the area's ongoing boom. Perfect for convenience stores, liquor stores, car washes, eateries, coffee shops, fitness studios, or boutique retail. Also located within a designated Opportunity Zone w/ potential tax benefits, explore high density housing options. Don't miss this raare chance to establish a presence in a rapidly revitalizing urban hub.
Listing Agent
Coldwell Banker, Alpine/Closter Brokerage Phone: (201) 230-2142 Listed on: 11/29/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,206
Lot Details
- Zoning described as Commercial
Listing and Financial Details
- Legal Lot and Block 7,8,9 / 00308
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,363 | $208,200 | $109,900 | $98,300 |
| 2024 | $5,994 | $208,200 | $109,900 | $98,300 |
| 2023 | $5,646 | $208,200 | $109,900 | $98,300 |
| 2022 | $5,646 | $201,500 | $103,800 | $97,700 |
| 2021 | $5,729 | $170,600 | $93,100 | $77,500 |
| 2020 | $5,645 | $170,600 | $93,100 | $77,500 |
| 2019 | $5,636 | $167,900 | $91,600 | $76,300 |
| 2018 | $5,631 | $165,000 | $89,300 | $75,700 |
| 2017 | $5,549 | $162,500 | $88,000 | $74,500 |
| 2016 | $5,145 | $152,300 | $79,000 | $73,300 |
| 2015 | $6,370 | $182,000 | $109,600 | $72,400 |
| 2014 | $6,046 | $182,000 | $109,600 | $72,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | Off Market | $895,000 | -- | -- |
| 04/13/2025 04/13/25 | Pending | -- | -- | -- |
| 11/29/2024 11/29/24 | For Sale | $895,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Source: New Jersey MLS
MLS Number: 24037758
APN: 23-00308-03-00007
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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