467 Hudson St - Apartments FOR SALE


Hackensack, NJ 07601- Hackensack/Teaneck
$1,425,000 USD
201-592-8900
467 Hudson St, Hackensack, NJ for Sale
$1,425,000 USD
Apartments - FOR SALE
1/7
null | 5.52% Cap Rate

467 Hudson St
Hackensack, NJ 07601
Hackensack/Teaneck


HIGHLIGHTS

  • Prime Hackensack location with easy access to NYC, major highways, and public transit.
  • Six-unit property with strong rental history and quick tenant turnover.
  • Recent upgrades include plumbing, electrical, water heaters, and security cameras.
  • Three renovated units and refreshed common areas enhance tenant appeal.
  • On-site parking available for tenants on a first-come basis.
  • Below-market rents offer significant upside potential for income growth.

OVERVIEW

Keller Williams is pleased to present a six-unit multi-family investment property in Hackensack, NJ 07601. This building offers significant potential for both first-time investors and those looking to expand their portfolios. Conveniently located near major highways, NYC bus routes, shopping centers, and prominent retailers, this property provides excellent access and amenities. The property is fully leased, with units historically renting within days of being listed, ensuring minimal vacancy. 467 Hudson St has been family owned and managed for the past eleven years. With the owners; background in plumbing, the property has been maintained to a high standard and remains in top condition. There are parking spaces at the rear of the building for tenants, currently available on a first-come, first-served basis. At the conclusion of current leases, these parking spots could be rented individually to generate additional income, especially as current rents are below market rate. Numerous upgrades have been completed, including new water heaters, electrical and plumbing improvements, recent renovations in three units, freshly painted hallways and railings, new stairwell carpeting, and an updated camera system. Investment opportunities of this caliber are rare. Please contact me to schedule a tour; 24 hours notice is required for showings.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$445 USD /SF

# OF UNITS

6

PRICE/UNIT

$237,500

CAP RATE

5.52%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R-2

APN/PARCEL ID

23-00007-0000-00036

ASK ABOUT THIS PROPERTY

Dod GegesKeller Williams City Views RealtyMore Info
201-592-8900

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Dod GegesKeller Williams City Views RealtyMore Info
201-592-8900

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