Hasbrouck Heights, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Hasbrouck Heights, New Jersey Market population: 12K. Compare commercial properties across all major asset...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Hasbrouck Heights NJ Properties: 2.6900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Hasbrouck Heights NJ
Common questions from investors exploring commercial real estate in Hasbrouck Heights NJ.
What's the overall investment potential of Hasbrouck Heights, NJ, considering its demographics and economy?
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With a median household income of $90,880 and a relatively low poverty rate of 7.6%, Hasbrouck Heights presents a stable investment market, further strengthened by its diverse population, including a significant foreign-born rate of 24.1% and top industries like Public Administration and Finance & Insurance, indicating a robust local economy.
How does the commute time and health insurance coverage impact the quality of life for renters in Hasbrouck Heights?
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The average commute time of 28.9 minutes, combined with a high health insurance coverage rate of 90.7%, suggests a high quality of life for renters, indicating a stable and attractive market for real estate investors, especially when considering the top commute methods include both drove alone and public transit, offering flexibility.
What role does ethnic diversity and industry variety play in demand for real estate in Hasbrouck Heights?
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The ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, alongside a variety of top industries such as Public Administration, Finance & Insurance, and Wholesale Trade, contributes to a dynamic and resilient demand for real estate, making it an attractive location for investors seeking a stable market with potential for growth.
How do poverty rates and health insurance coverage together influence the assessment of tenant quality in Hasbrouck Heights?
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The combination of a low poverty rate of 7.6% and a high health insurance coverage rate of 90.7% in Hasbrouck Heights suggests a market with stable, employed individuals who are more likely to be reliable tenants, thus reducing investment risk and enhancing the appeal of the local real estate market to investors.
What insights can be gleaned from the median property value, property taxes, and homeownership rate for real estate investment in Hasbrouck Heights?
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With a median property value of $426,700 and median property taxes of $3,005, alongside a homeownership rate of 67.2%, Hasbrouck Heights presents a balanced market where investors can find opportunities for both rental income and potential long-term appreciation, considering the GINI coefficient of 0.418 indicates a level of income inequality that could influence housing demand and affordability.
Hasbrouck Heights NJ Real Estate & City Facts
Key facts and real estate information about Hasbrouck Heights NJ.
What are some of the best neighborhoods to live in Hasbrouck Heights?
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Some of the best neighborhoods to live in Hasbrouck Heights include West Hasbrouck Heights, which is known for its quiet and family-friendly atmosphere. Other neighborhoods, such as those near the Boulevard, offer a mix of shops, restaurants, and community events. It's worth noting that the town has a strong sense of community, with many residents praising its vibrant local life and proximity to key amenities.
What are some fun things to do in Hasbrouck Heights?
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There are plenty of fun things to do in Hasbrouck Heights, including visiting the Woodland Park, catching a game at the Hasbrouck Heights Football Field, or exploring the town's many restaurants and shops. For outdoor enthusiasts, the nearby Hudson River Greenway and Ross Dock Picnic Area offer great opportunities for hiking and picnicking. Additionally, the town hosts various community events throughout the year, such as the Hasbrouck Heights Fair.
What is the food scene like in Hasbrouck Heights?
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The food scene in Hasbrouck Heights is diverse and vibrant, with a range of restaurants serving everything from Mediterranean cuisine at Sofia's Mediterranean Grill to Thai dishes at Tom Yum Koong Thai Kitchen. There are also plenty of great food trucks and diners, such as the Bendix Diner, which serve up classic American fare. For pizza lovers, Bella Pizza is a popular spot, and the Risotto House offers a range of Italian dishes.
What are the pros and cons of living in Hasbrouck Heights?
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The pros of living in Hasbrouck Heights include its strong sense of community, vibrant local life, and proximity to key amenities. However, some residents have noted that the town can be quite crowded, especially during peak hours, and parking can be a challenge. Additionally, the town's small size means that there may be limited job opportunities and entertainment options compared to larger cities. Overall, though, Hasbrouck Heights is a charming and welcoming town that offers a great quality of life for its residents.
Is Hasbrouck Heights a good place to live?
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Yes, Hasbrouck Heights is a good place to live, offering a unique blend of small-town charm and big-city amenities. Its strong sense of community, vibrant local life, and proximity to key amenities make it an attractive option for families, young professionals, and retirees alike. While it may have some drawbacks, such as crowded streets and limited job opportunities, the town's many advantages make it a great choice for those looking for a welcoming and convenient place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Hasbrouck Heights NJ Commercial Property: $90,880
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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