Commercial Real Estate in Hackensack, NJ
Hackensack commercial real estate broker — medical office, Class A office, mixed-use, and multifamily representation in the Bergen County seat.
6.7%
Median Cap Rate
$245
Avg $/SF
10.6%
Vacancy Rate
The Hackensack Commercial Real Estate Market
Hackensack is the seat of Bergen County and one of northern New Jersey's most established commercial markets. Hackensack University Medical Center — the largest hospital in NJ — anchors a deep medical office submarket, while the city's legal and government core sustains a Class A and Class B office market downtown. Continued transit-oriented redevelopment along Main Street has added significant multifamily inventory.
Beyond medical and office, Hackensack supports steady retail demand along Main Street and dense daily-needs retail along Essex Street. The Riverside Square area at the borough's edge anchors high-end regional retail.
Key Industries
- Healthcare (Hackensack Univ Med Ctr)
- Government & legal services
- Multifamily
- Specialty retail
- Professional services
Key Hackensack Submarkets
Hackensack University Medical District
Largest concentration of medical office in northern NJ around the flagship HUMC campus.
Main Street / Government Center
Class A and Class B office anchored by the Bergen County government complex.
Riverside Square / North Hackensack
Upscale regional retail and adjacent office product.
Transit-Oriented Multifamily Corridor
Main Street redevelopment zone with growing Class A multifamily and ground-floor retail.
What’s Happening in Hackensack
- Medical office demand continues to outpace supply around HUMC campus
- Main Street multifamily lease-up remains strong post-pandemic
- Class B office presents value-add and conversion opportunities
Looking in Hackensack?
Whether you're buying, selling, leasing, or investing in Hackensack, NJ commercial property, BulldogBroker CRE provides the strategic guidance and execution to deliver results.
Ready to talk Hackensack commercial real estate?
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