Carlstadt Building Center

The Carlstadt Building Center is situated in Carlstadt, NJ, surrounded by local amenities such as the Meadowlands Sports Complex and the American Dream entertainment and retail destination. The property's proximity to the scenic Hackensack River provides access to outdoor recreational activities and a tranquil environment. This location offers a compelling opportunity for Multifamily/Low-Rise/Garden investors due to its convenient access to diverse attractions and the thriving neighborhood.326 Hackensack Street is a commercial and residential mixed-use property located in Carlstadt, New Jersey. The building consists of three residential condos and one office space on the first floor, featuring one 1 Bd–1 Ba, one 2 Bd–1 Ba, and one 2 Bd–2 Ba. The property will be delivered vacant at the time of purchase, offering immediate flexibility for investors or owner-users. The ground-floor office space presents a value-add opportunity, as it can be converted into additional residential units, subject to municipal approvals. A deal can be structured subject to these approvals, giving the buyer time to pursue entitlements and significantly increase income potential. A full basement spans the entire footprint of the building, providing generous storage space for residents or operational use. The property includes eight parking spaces dedicated for residents and customers, along with a backyard area, two front entrances, and a side entrance providing access to the residential units. Strategically located along Hackensack Street, a highly visible thoroughfare, the property offers excellent accessibility to surrounding towns and major highways, including Route 17 and the New Jersey Turnpike. Public transportation options are abundant: NJ Transit bus routes 163, 164, and 76 stop just a 2–4 minute walk from the property, providing direct service to Port Authority Bus Terminal in Midtown Manhattan. The nearby Westmont train station is a 14-minute walk away, and Wood-Ridge station is approximately 22 minutes on foot, both connecting via NJ TRANSIT's Pascack Valley Line with travel time to New York Penn Station in as little as 29 minutes. Seller financing is available, offering flexible terms for qualified buyers. This property should be evaluated based on its price per square foot, not current NOI, as its full income potential has yet to be realized.