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Two-Story Professional Office Building 36 Bergen St 7,320 SF 100% Leased Office Building Hackensack, NJ 07601 $2,616,749 CAD ($357.48 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Move-In Ready Ground Floor | 7 Private Offices + Conference Room
- Delivered 100% Vacant
- 10-Min Walk to NJ Transit Essex Street Station
- Flexible 2nd Floor | Open-Concept Blank Canvas
- Steps from Bergen County Justice Center & Court Plaza
- ~7,600 VPD | Strong Bergen Street Visibility
Executive Summary
36 Bergen Street offers a compelling office investment opportunity in the heart of Downtown Hackensack, the seat of Bergen County government. This fully renovated, two-story professional office building will be delivered vacant, providing prospective purchasers the flexibility to occupy the property outright or capitalize on lease-up potential at prevailing market rents.
The property comprises approximately 7,320 square feet across two stories, together with a full basement utilized for storage, situated on a 5,676 square foot lot. The ground floor was fully built out from shell condition between November 2022 and January 2023 and is presently move-in ready, featuring seven private offices, a conference room, a reception area, bathrooms, and a kitchenette. The second floor remains in open-concept condition, affording a purchaser complete latitude to design and construct additional office space, or pursue an alternative configuration, to suit their specific requirements.
The property is situated on Bergen Street between State Street and Main Street, immediately adjacent to the Bergen County Justice Center and Court Plaza, positioning it within an established civic and professional corridor with longstanding appeal to law firms, title companies, and other professional service users. Approximately 7,600 vehicles pass the site daily, providing strong visibility to employees, clients, and visitors. The location offers convenient regional access, situated within a ten-minute walk of NJ Transit's Essex Street Station and offering direct connectivity to Interstate 80, Route 4, Route 17, and the Garden State Parkway, approximately twelve miles northwest of Midtown Manhattan.
Downtown Hackensack continues to benefit from sustained redevelopment activity. Since the adoption of the Downtown Rehabilitation Plan for the Main Street Area in 2012, the district has attracted approximately 4,000 additional residential units, including recent and ongoing developments such as The Brick (379 units), Ora (270 units), Print House (approximately 695 units), One Essex Street (250 units), and the $103 million redevelopment of the former YMCA at 360 Main Street (254 units and a 6,000 square-foot public plaza). These residential investments, together with municipal improvements including the restoration of two-way traffic on Main Street and enhanced streetscaping, reinforce Downtown Hackensack's position as an established, walkable commercial district. The submarket is further anchored by Hackensack University Medical Center, an 803-bed teaching and research hospital, and supported by an employment base of approximately 41,870 jobs across more than 31,800 employer establishments.
Property tours are available by appointment. Please contact the listing broker to schedule.
The property comprises approximately 7,320 square feet across two stories, together with a full basement utilized for storage, situated on a 5,676 square foot lot. The ground floor was fully built out from shell condition between November 2022 and January 2023 and is presently move-in ready, featuring seven private offices, a conference room, a reception area, bathrooms, and a kitchenette. The second floor remains in open-concept condition, affording a purchaser complete latitude to design and construct additional office space, or pursue an alternative configuration, to suit their specific requirements.
The property is situated on Bergen Street between State Street and Main Street, immediately adjacent to the Bergen County Justice Center and Court Plaza, positioning it within an established civic and professional corridor with longstanding appeal to law firms, title companies, and other professional service users. Approximately 7,600 vehicles pass the site daily, providing strong visibility to employees, clients, and visitors. The location offers convenient regional access, situated within a ten-minute walk of NJ Transit's Essex Street Station and offering direct connectivity to Interstate 80, Route 4, Route 17, and the Garden State Parkway, approximately twelve miles northwest of Midtown Manhattan.
Downtown Hackensack continues to benefit from sustained redevelopment activity. Since the adoption of the Downtown Rehabilitation Plan for the Main Street Area in 2012, the district has attracted approximately 4,000 additional residential units, including recent and ongoing developments such as The Brick (379 units), Ora (270 units), Print House (approximately 695 units), One Essex Street (250 units), and the $103 million redevelopment of the former YMCA at 360 Main Street (254 units and a 6,000 square-foot public plaza). These residential investments, together with municipal improvements including the restoration of two-way traffic on Main Street and enhanced streetscaping, reinforce Downtown Hackensack's position as an established, walkable commercial district. The submarket is further anchored by Hackensack University Medical Center, an 803-bed teaching and research hospital, and supported by an employment base of approximately 41,870 jobs across more than 31,800 employer establishments.
Property tours are available by appointment. Please contact the listing broker to schedule.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,320 SF
Building Class
B
Year Built
1986
Price
$2,616,749 CAD
Price Per SF
$357.48 CAD
Cap Rate
7.50%
NOI
$196,256 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,660 SF
Building FAR
1.29
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
B-2 - Business District (B-2) — permits professional office use
Amenities
- Smoke Detector
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 23-00209-0000-00007 | Total Assessment | $2,084,850 CAD |
| Land Assessment | $333,576 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,751,274 CAD | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
23-00209-0000-00007
Land Assessment
$333,576 CAD
Improvements Assessment
$1,751,274 CAD
Total Assessment
$2,084,850 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026 Payable 2026
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Two-Story Professional Office Building | 36 Bergen St
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