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16 Jefferson St 3,532 SF 38% Leased Office Building Hackensack, NJ 07601 $1,538,804 CAD ($435.67 CAD/SF) 5.20% Cap Rate



Investment Highlights
- Great located Mixed used building
Executive Summary
Don't miss this amazing property between Rt.4 and Main St. Easy access to transportation to commute to NYC. Train and bus within walking distance. Now condo complex is under construction as re-development area. This medical building features two floors for the current owner(Acupuncture) about 1,300 SF on 1st floor and ground rooms(900SF)for the last tenant was for Music studio on ground floor. Building also include 2 one-bedroom units on the upper floor(each about 600sqft) lofted high ceilings, sky lights, bedroom, living room, kitchen and bath. 2 Offices and each one-bedroom is on its own meters. Please do not walk through the property without any appointment.
This nice mixed use property and it's good for the professional office for CPA, Doctor or Dentist, Lawyer etc. with 5 rooms and 1 counter/waiting room on 1st floor and ground floor, and 2 1bed apartments on 2nd floor at a great location .in the hub of Bergen county . Close to Rt.4,80,17. Walking distance to train station or bus stop in front of this building. Renovated floors with new windows, siding and roofing. Currently used as a acupuncture office and fully occupied 2 apartments with 9 parking lots.
The flood zone begins mid-Jefferson St. and the other side is not in the zone but no record of record after buying it.
This nice mixed use property and it's good for the professional office for CPA, Doctor or Dentist, Lawyer etc. with 5 rooms and 1 counter/waiting room on 1st floor and ground floor, and 2 1bed apartments on 2nd floor at a great location .in the hub of Bergen county . Close to Rt.4,80,17. Walking distance to train station or bus stop in front of this building. Renovated floors with new windows, siding and roofing. Currently used as a acupuncture office and fully occupied 2 apartments with 9 parking lots.
The flood zone begins mid-Jefferson St. and the other side is not in the zone but no record of record after buying it.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Building Size
3,532 SF
Building Class
C
Year Built/Renovated
1980/2012
Price
$1,538,804 CAD
Price Per SF
$435.67 CAD
Cap Rate
5.20%
NOI
$80,018 CAD
Percent Leased
38%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,766 SF
Building FAR
0.48
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
R-3B - Mixed use
Parking
10 Spaces (2.83 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Skylights
- Air Conditioning
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-00540-0000-00011 | Total Assessment | $1,461,653 CAD (2026) |
| Land Assessment | $333,759 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,127,894 CAD (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
23-00540-0000-00011
Land Assessment
$333,759 CAD (2026)
Improvements Assessment
$1,127,894 CAD (2026)
Total Assessment
$1,461,653 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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16 Jefferson St
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