Hackensack 11-Unit Class A Multifamily

For Sale

387 Park Street, Hackensack, NJ 07601

This Hackensack property for sale is located at 387 Park Street. The general use of Hackensack 11-Unit Class A Multifamily is multi-family and it incorporates 13,067 square feet of class A multi-family space. The current listed sale price for Hackensack 11-Unit Class A Multifamily is $4,650,000. Hackensack 11-Unit Class A Multifamily is situated on a lot that is 0.23 acre in size.

Contacts

Bruce Elia Jr

KW Commercial - Global

Property Details

  • Property Type Multi-Family
  • Property Size 13,067 SF
  • Lot Size 0.23 Acre
  • # of Floors 4
  • Parking Spaces Avail. 18
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2024
  • Date Updated Nov 11, 2026

KW Commercial is pleased to present 387 Park St, a newly constructed 11-unit Class A multifamily building in Hackensack, Bergen County, NJ. Completed in 2024, the 13,067 SF elevator building sits on a 0.23-acre lot and contains nine 1-bedroom/1-bath and two 2-bedroom/2-bath apartments.

The property is 100% occupied and fully stabilized, generating $373,200 in annual gross income and an in-place NOI of $251,835 (5.42% cap rate at the $4,650,000 asking price). Building features include a modern lobby and common areas, elevator access, and 18 on-site parking spaces. All utilities are separately metered and the building is pet-free.

A rare opportunity to acquire a new-construction, income-producing asset in a convenient Bergen County location with minimal near-term capital needs.

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Getting around

  • 89/100

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  • 61/100

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  • 64/100

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Location

  • City Hackensack, NJ
  • Neighborhood Hackensack
  • Zip Code 07601
  • Market New Jersey

Points of Interest

  • Kismet Limousine

    0.54 miles

  • Essex Street

    0.95 miles

  • New Bridge Landing

    1.46 miles

  • Teaneck Taxi

    1.71 miles

  • River Edge

    3.14 miles

  • Wesmont

    3.72 miles

  • Radburn

    5.24 miles

  • Passaic

    5.50 miles

  • Meadowlands

    5.61 miles

  • Delawanna

    6.14 miles

  • US Gas

    0.61 miles

  • Lukoil

    1.09 miles

  • Shell

    1.10 miles

  • Delta

    1.40 miles

  • Tesla Supercharger

    1.47 miles

  • BP

    2.07 miles

  • Valero

    2.21 miles

  • Exxon

    2.40 miles

  • Gulf

    2.51 miles

  • Blink

    2.71 miles

  • Student Parking

    0.58 miles

  • Railroad Parking Garage

    0.66 miles

  • Student/Event Parking

    0.68 miles

  • Courts Lot

    0.70 miles

  • Atlantic Street Parking Garage

    0.70 miles

  • Employee Parking Garage

    0.77 miles

  • Visitors Parking

    0.86 miles

  • Parking Lot P12

    2.26 miles

  • Stony Hill Inn

    1.42 miles

  • Hilton Hasbrouck Heights / Meadowlands

    1.65 miles

  • Home2 Suites

    2.26 miles

  • Travelodge South Hackensack

    2.30 miles

  • Marriott Glenpointe

    2.42 miles

  • Horizon

    2.51 miles

  • Hampton Inn & Suites Teaneck Glenpointe

    2.57 miles

  • Rodeway Inn Capri

    2.63 miles

  • Comfort Inn & Suites Paramus

    2.64 miles

  • Ramada Rochelle Park Near Paramus

    2.89 miles

  • Giant Farmers Market

    0.31 miles

  • ALDI

    0.35 miles

  • Target

    0.60 miles

  • The Shops at Riverside

    1.25 miles

  • Bloomingdale's

    1.26 miles

  • 99 Ranch Market

    1.51 miles

  • ShopRite

    1.61 miles

  • Whole Foods Market

    1.71 miles

  • Marshalls

    1.73 miles

  • Saks Off 5th

    1.75 miles

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