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Investment | 6 Apt's + 1 Retail Storefront 201 Hackensack Plank Rd 5,223 SF 100% Leased Retail Building Weehawken, NJ 07086 $3,154,475 CAD ($603.96 CAD/SF) 6.94% Cap Rate
Investment Highlights
- 7 income-producing units (6 residential + 1 retail)
- Brand-new interiors & renovated exterior (2025)
- Situated in the Hudson River Waterfront market with strong growth, high incomes, and limited inventory
- 5,223 SF building on a 3,354 SF corner lot
- Steps from Hoboken & minutes to NYC via bus, ferry, train, or car
Executive Summary
Prime 7-Unit Investment Opportunity – 201 Hackensack Plank Rd, Weehawken, NJ. Elia Realty Group, powered by KW Commercial, is proud to present 201 Hackensack Plank Road — a fully renovated mixed-use gem in the heart of Weehawken Township. This 5,223 SF corner property combines six residential units and one ground-floor retail space, offering diversified income streams in one of Hudson County’s most dynamic submarkets.
Completely modernized in 2025 while retaining its historic charm, the property delivers brand-new interiors, a newly finished exterior, and a strong tenant base at 100% occupancy. The asset is anchored by a retail tenant and supported by stable residential leases, producing a net operating income of $157,859 annually.
Location Advantage:
Positioned just blocks from thriving Hoboken and minutes from Manhattan, the property offers tenants unmatched commuter convenience and proximity to dining, shopping, and waterfront amenities. Investors will benefit from the stable rental demand, strong demographics, and long-term appreciation potential that define Weehawken’s market.
Completely modernized in 2025 while retaining its historic charm, the property delivers brand-new interiors, a newly finished exterior, and a strong tenant base at 100% occupancy. The asset is anchored by a retail tenant and supported by stable residential leases, producing a net operating income of $157,859 annually.
Location Advantage:
Positioned just blocks from thriving Hoboken and minutes from Manhattan, the property offers tenants unmatched commuter convenience and proximity to dining, shopping, and waterfront amenities. Investors will benefit from the stable rental demand, strong demographics, and long-term appreciation potential that define Weehawken’s market.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,223 SF
Building Class
C
Year Built/Renovated
1930/2025
Price
$3,154,475 CAD
Price Per SF
$603.96 CAD
Cap Rate
6.94%
NOI
$218,921 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.92
Lot Size
0.13 AC
Zoning
RB-2 - RB-2 zoning in Weehawken allows high-rise multifamily with retail/office, requiring open space, parking, landscaping & mixed-use flexibility.
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Fenced Lot
- Restaurant
- Security System
- Signage
- Skylights
- Storage Space
- Air Conditioning
- Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-00030-0000-00011-02 | Improvements Assessment | $773,241 CAD |
| Land Assessment | $678,160 CAD | Total Assessment | $1,451,401 CAD |
Property Taxes
Parcel Number
11-00030-0000-00011-02
Land Assessment
$678,160 CAD
Improvements Assessment
$773,241 CAD
Total Assessment
$1,451,401 CAD
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Investment | 6 Apt's + 1 Retail Storefront | 201 Hackensack Plank Rd
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