201 Hackensack Plank Rd - Restaurant FOR SALE


Weehawken, NJ 07086
$2,700,000 USD
201-315-1223
201 Hackensack Plank Rd, Weehawken, NJ for Sale
$2,700,000 USD
Restaurant - FOR SALE
1/46
null | 6.78% Cap Rate

201 Hackensack Plank Rd
Weehawken, NJ 07086


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)
  • Proforma 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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$517 USD /SF

CAP RATE

6.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey Resi-Retail Corner Property – 7 Units

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RB-2

APN/PARCEL ID

11-00030-0000-00011-02

ASK ABOUT THIS PROPERTY

Bruce EliaKW Commercial Fort LeeMore Info
201-315-1223

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Bruce EliaKW Commercial Fort LeeMore Info
201-315-1223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.