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Hackensack Multifamily in Opportunity Zone on Market for Sale

Both renovated buildings have remained vacant in excess of five years, and will be delivered completed but unleased, qualifying for opportunity zone “first use” designation.

210 Main St., Hackensack, NJ 210 Main St., Hackensack, NJ

HACKENSACK, NJ—A two-building, luxury 126-unit multifamily development on Main Street in Downtown Hackensack is on the market for sale. The offering is targeted to federal opportunity zone investors.

The property ownership has Cushman & Wakefield’s New Jersey-based capital markets team to market the complex for sale. Cushman & Wakefield executive managing director Brian Whitmer says the property should be attractive to investors that seek to avoid the uncertainty and risk of entitling land and construction.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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