61 Grove St Hackensack, NJ 07601
Hackensack AreaEstimated payment $10,592/month
About This Home
Exceptional investment opportunity in Bergen County! This income-producing property features **five legal residential units** across **two buildings**, plus a **one-car garage**. The front building is a four-family home with a finished basement, while the rear building is a separate single-family residence. The front building includes two 2-bedroom, 1-bath apartments with spacious living rooms and kitchens, along with two larger units offering living rooms, kitchens, and 3 bedrooms spanning the second and third floors. All units have separate utilities, are well maintained, and are fully rented, providing immediate rental income. The rear single-family home offers 2 bedrooms, 1 full bath, a finished basement with laundry, granite countertops, beautiful hardwood floors, and modern finishes throughout. The property features separate utilities, newer water heaters, a newer roof, a driveway, fencing, paver improvements, and ample off-street parking. Well maintained and in excellent condition, this turnkey investment is conveniently located near major highways, schools, shopping, and public transportation, making it highly desirable for tenants and commuters alike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,695
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 14 Bedrooms
Additional Features
- 5,009 Sq Ft Lot
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 16 / 71
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $28,695 | $894,200 | $220,900 | $673,300 |
| 2025 | $27,327 | $894,200 | $220,900 | $673,300 |
| 2024 | $25,744 | $894,200 | $220,900 | $673,300 |
| 2023 | $24,652 | $894,200 | $220,900 | $673,300 |
| 2022 | $24,652 | $879,800 | $210,200 | $669,600 |
| 2021 | $24,990 | $744,200 | $188,100 | $556,100 |
| 2020 | $24,626 | $744,200 | $188,100 | $556,100 |
| 2019 | $24,607 | $733,000 | $185,300 | $547,700 |
| 2018 | $24,731 | $724,600 | $181,000 | $543,600 |
| 2017 | $24,352 | $713,100 | $178,100 | $535,000 |
| 2016 | $23,085 | $683,400 | $156,800 | $526,600 |
| 2015 | $14,599 | $417,100 | $132,400 | $284,700 |
| 2014 | $13,856 | $417,100 | $132,400 | $284,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2026 07/16/26 | For Sale | $1,495,000 | +66.1% | -- | |
| 08/16/2019 08/16/19 | Sold | $900,000 | -16.3% | $346 / Sq Ft | View Prior Sale |
| 05/10/2019 05/10/19 | Pending | -- | -- | -- | |
| 01/04/2019 01/04/19 | For Sale | $1,075,000 | +42.5% | $413 / Sq Ft | |
| 11/03/2015 11/03/15 | Sold | $754,500 | -- | $290 / Sq Ft | View Prior Sale |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $900,000 | -- | |
| Deed | $754,500 | Attorney | |
| Deed | $125,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | New Conventional | |
| Previous Owner | $506,250 | Commercial |
Source: New Jersey MLS
MLS Number: 26026735
APN: 23-00071-0000-00016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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