USANJHackensack17 Mercer St
17 Mercer St, Home with 0 bedrooms, 0 bathrooms and null parking in Hackensack NJ | Image 1
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$2,999,000

17 Mercer St, Hackensack, NJ

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $34,548
Days Active 1
Approx. Age 
MLS® Number 25025288

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Development Opportunity in Hackensack!! This approved, shovel-ready project offers a rare chance to invest in a fully entitled 6-story building totaling 35, 060 sq ft. Approvals are ready to be handed over along with construction documents, Benefit from a 5-year hold strategy with a projected 18%+ IRR and a 1.90x targeted equity multiple. The site also qualifies for a tax abatement and offers cost segregation benefits. A local, experienced property management team is in place to ensure smooth operations upon completion. Located in a rapidly growing market with strong demand for new development, this is a turn-key opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County’s most active urban centers.Show Description
MLS® Number25025288
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral Air, Other/See Remarks, Other Fuel Source/See Rmk
A/C
Heating Fuel

Extras

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