1
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344 Prospect Avenue #1C
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$290,000
↓ $95K
(24.7%) | |
| Price Decreased | |||
| May 14, 2024 | Listed | $385,000 | |
| Listed | |||
   | |||
|
Exclusive Opportunity in Hackensack, New Jersey - Versatile
Commercial Space Ready for Conversion! Discover the potential of
this expansive 1,654 sq ft unit. Currently set up as a commercial
space, this property offers a unique opportunity for transformation
into a luxurious residential condo, tailored exactly to your needs.
The unit boasts a layout that invites boundless creativity, perfect
for designing a modern living space. Note: This is a condo
commercial - HOA fees = $1,117 + cable…
| |||
| Apr 18, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
344 Prospect Avenue #1C, Hackensack, NJ, 07601
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/17/2025
|
2 Bed
|
2 Bath
|
-
|
$395,000
2 Bed
2 Bath
|
-
-
|
-
|
Maria Waller
Weichert Realtors, Fort Lee
| |
|
11/15/2024
|
2 Bed
|
1 Bath
|
-
|
$315,000
2 Bed
1 Bath
|
$315,000
11/15/2024
|
-
|
Erick Valencia
Real
| |
|
08/27/2024
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$335,000
-4.01%
10/22/2024
|
-
|
ELIZABETH LIZ
COLDWELL BANKER REALTY SRV
| |
|
08/11/2024
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$345,000
-1.15%
10/22/2024
|
-
|
Dorothy Monopoli
Berkshire Hathaway Home Services Abbott Realtors
| |
|
05/14/2024
|
2 Bed
|
2 Bath
|
-
|
$385,000
2 Bed
2 Bath
|
$250,000
-35.06%
08/20/2024
|
-
|
Kathleen M. Sheridan
Howard Hanna Rand Realty, Old Tappan
| |
|
04/11/2024
|
2 Bed
|
2 Bath
|
-
|
$399,000
2 Bed
2 Bath
|
$410,000
+2.76%
09/18/2024
|
-
|
James Boyce
Coldwell Banker, Fort Lee
| |
|
01/12/2024
|
2 Bed
|
2 Bath
|
-
|
$337,000
2 Bed
2 Bath
|
$338,000
+0.30%
01/18/2024
|
Dorothy Monopoli
Berkshire Hathaway Home Services Abbott Realtors
| ||
|
05/18/2023
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
$299,000
07/14/2023
|
-
|
MERNA TESTINO
KELLER WILLIAMS TOWN LIFE
| |
|
02/04/2023
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$339,000
-2.87%
09/12/2023
|
Youjin Koo
REMAX Signature Homes
| ||
|
01/14/2023
|
Studio
|
2 Bath
|
-
|
$239,000
Studio
2 Bath
|
-
-
|
-
|
Attilio Adamo
Serhant New Jersey LLC
| |
|
12/01/2022
|
2 Bed
|
2 Bath
|
-
|
$319,000
2 Bed
2 Bath
|
-
-
|
-
|
Ross Luppino
RNL Realty, LLC
| |
|
09/23/2022
|
1 Bed
|
1 Bath
|
1147 ft²
|
$220,000
1 Bed
1 Bath
1147 ft²
|
-
-
|
-
|
Cheryl J Crocitto
Christie's International Real Estate Group
| |
|
07/28/2022
|
2 Bed
|
2 Bath
|
-
|
$299,000
2 Bed
2 Bath
|
-
-
|
-
|
Sadako Masuko
Masuko Realty
| |
|
07/30/2021
|
2 Bed
|
2 Bath
|
1350 ft²
|
$299,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
Sadako Masuko
Masuko Realty
| |
|
01/14/2021
|
2 Bed
|
2 Bath
|
1717 ft²
|
$309,900
2 Bed
2 Bath
1717 ft²
|
$312,000
+0.68%
10/21/2021
|
Roosevelt Hall
Keller Williams - Pascack Valley
| ||
|
07/17/2019
|
2 Bed
|
2 Bath
|
1349 ft²
|
$339,000
2 Bed
2 Bath
1349 ft²
|
-
-
|
-
|
MERNA TESTINO
KELLER WILLIAMS TOWN LIFE
| |
|
06/17/2019
| |
2 Bed
|
2 Bath
|
-
|
$284,900
2 Bed
2 Bath
|
-
-
|
-
|
MANDANA BASSERI
CHRISTIE'S INT. REAL ESTATE GROUP
|
|
10/08/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
08/08/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
Building Info
- 2 Units for Sale
