26
Map
$419,000
↓ $20K (4.6%)
●
Condo -
For Sale
344 Prospect #8A
Hackensack, NJ 07601
2 Beds
2 Baths
$3,026
Est. Monthly
$968
HOA / Fees
2.22%
Cap Rate
About This Property
INVESTORS ONLY! WONDERFUL CORNER UNIT! 2 BR, 2 FULL BATHROOMS BRAND
NEW RENOVATED , IN LUXURY 24-HOUR DOORMAN BUILDING. SPACIOUS
LAYOUT, NEWER KITCHEN AND APPLIANCES, BEAUTIFUL WOOD FLOORS
THROUGHOUT, AMAZING CLOSET SPACE. BUILDING FEATURES: 24H DOORMAN,
GYM, ONSITE SUPERINTENDENT,1 PARKING SPACE IN A GARAGE AND 1 PARK.
OUTSIDE IS AVAILABLE, LAUNDRY ON FLOOR RIGHT OUTSIDE OF THE UNIT.
great location very convenient to public transportation, shopping,
schools, train station and NEXT TO Hackensack Medical Center.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$968
Year Built
1938
Listed By
Payment Calculator
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%
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Principal + Interest:
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HOA:
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Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
How much can I actually make?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
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.
Last updated: 13 days ago (NJMLS #25008411)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Price Decreased |
$419,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Mar 18, 2025 | Listed by Coldwell Banker, Fort Lee | $439,000 | |
| Listed by Coldwell Banker, Fort Lee | |||
Property Highlights
Garage
Doorman
Elevator
Air Conditioning
Fireplace
Parking Details
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Elevator
Appliances: Dishwasher, Microwave, Refrigerator, Ov/Rng/Ele
Flooring Type: Hardwood
Laundry Features: Floor
Fireplace Features: None
Basement: None
Exterior Details
Security Features: 24 Hour Security
Architectural Style: Highrise
Year Built: 1980
Waterfront Features: None
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric, Heat Pump
Location Details
HOA/Condo/Coop Fee Includes: Water, 24hr Doorman, Common Area, Exercise Rm
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Sauna, 24hr Sec, Common Area, Doorman, F/T Handyman
HOA Fee: $968
HOA Fee Frequency: Monthly
344 Prospect #8A, Hackensack, NJ, 07601
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
-
$410,000
Apr 11, 2024
$410,000
Sep 18, 2024
$1,552/mo
Condo
2
Beds
2
Baths
-
$411,000
Jul 18, 2024
$411,000
Oct 30, 2024
$1,511/mo
Condo
2
Beds
2
Baths
-
$360,000
Oct 9, 2024
$360,000
Dec 11, 2024
$1,732/mo
Condo
2
Beds
2
Baths
-
$380,000
Dec 1, 2023
$380,000
May 10, 2024
$1,609/mo
Condo
2
Beds
2
Baths
-
$345,000
Aug 11, 2024
$345,000
Oct 22, 2024
$1,371/mo
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
344 Prospect Avenue
344 Prospect Avenue, Hackensack, NJ 07601
- 2 Units for Sale
About Hackensack
Similar Homes for Sale
Nearby Rentals
Listed by: Lori Stein
Coldwell Banker, Fort Lee
Last Updated: 13 days ago
Data Source: NJMLS , MLS#
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Coldwell Banker, Fort Lee
Last Updated: 13 days ago
Data Source: NJMLS , MLS#
All information deemed reliable but not guaranteed.© 2025 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
