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 $183,088 annually with a 6.78% cap rate.
Key Highlights:
* 7 income-producing units (6 residential + 1 retail)
* 5,223 SF building on a 3,354 SF corner lot
* Brand-new interiors & renovated exterior (2025)
* 100% occupancy with immediate cash flow
* NOI: $183,088 | Cap Rate: 6.78%
* Steps from Hoboken & minutes to NYC via bus, ferry, train, or car
* Situated in the Hudson River Waterfront market with strong growth, high incomes, and limited inventory
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.
Offered at $2,700,000, 201 Hackensack Plank Rd is a turnkey, income-producing investment with both immediate returns and enduring upside.