1. New Jersey
  2. Hackensack
  3. 17 Mercer Street
$10,999,000

17 Mercer Street, Hackensack, NJ 07601

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

INVESTMENT PROJECT TO BE BUILD BY OWNER!! Estimated to be done by end of 2026. This project offers a rare chance to invest in a fully entitled 6-story building totaling 35,060 sq ft. Benefit from a 5-year hold strategy with a projected 18%+ IRR and a 1.90x targeted equity multiple. The building also qualifies for a tax abatement and offers cost segregation benefits. This one of a kind investment is located in a rapidly growing market with strong demand for new development, this is a can't miss opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County’s most active urban centers.

Listing Status:
Active
Date Added:
July 30, 2025 at 05:00AM
Listing Office:
Berkshire Hathaway Home Services Abbott Realtors : 201-891-2223
Listing Agent:
Vincent Stanson : (201) 927-5821
MLS ID:
25025288
  • Heating: Central AirOther/See RemarksOther Fuel Source/See Rmk
  • County: BERGEN
  • Utilities: O/See Rmks
  • Ownership: Private

This listing courtesy of Vincent Stanson, Berkshire Hathaway Home Services Abbott Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hackensack Middle School

360 Union St, Hackensack, NJ, 07601

Grades 5-8

0.40 miles away

H

Hackensack Middle School

360 Union St, Hackensack, NJ, 07601

Grades 5-8

0.40 miles away

H

Hackensack High School

First & Beech Streets, Hackensack, NJ, 07601

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.