new developmentWORLD OF ELLIMAN

17 Mercer St

hackensack, NJ 07601

$10,999,000

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    INVESTMENT PROJECT TO BE BUILD BY OWNER!! Estimated to be done by end of 2026. This project offers a rare chance to invest in a fully entitled 6-story building totaling 35,060 sq ft. Benefit from a 5-year hold strategy with a projected 18%+ IRR and a 1.90x targeted equity multiple. The building also qualifies for a tax abatement and offers cost segregation benefits. This one of a kind investment is located in a rapidly growing market with strong demand for new development, this is a can't miss opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County’s most active urban centers.

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    Details

    Commercial

    $34,548 Annual Tax

    MLS/Listing ID 25025288

    NJMLS

    Source of Data: NEW JERSEY MLS

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    NJMLS

    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 Douglas Elliman of NJ 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.

    All information deemed reliable but not guaranteed. Last date updated: 10/21/2025.
    Source: New Jersey Multiple Listing Service, Inc.

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