Hackensack Apartments LLC is an investment in a to-be-built 6 story, 88-unit multi-family luxury rental apartment community in Hackensack, New Jersey. The building consists of 32 studios, 48 one-bedrooms, 8 two-bedrooms, 4,200 square feet of amenity space, an 850 square foot fitness center, and a 3,000 square foot roof deck outfitted with BBQ stations, a firepit, and multiple TV lounges. The apartments feature gourmet kitchens with quartz countertops, laminate wood flooring throughout, contemporary fixtures and private terraces.
The city of Hackensack is in the heart of one of the most prosperous areas in New Jersey. 22 Sussex, the name of the new apartment building, is the premier rental address in Hackensack offering luxury apartments, first-class amenities, and a location just off of Main Street, where most restaurants and retail are located. Bergen County is the most affluent county in New Jersey and Hackensack is home to the Bergen County Court House. Not only is Hackensack the center of the legal industry in Bergen County, it is also home to Hackensack Meridian Health/Hackensack University Medical Center, a nationally ranked health care organization with top rankings in multiple specialties. Overall, the health organization employs 28,000 people and 6,000 doctors, and it recently started a medical school that received 5,000 applications for 400 spaces in its first year. Hackensack has a busy downtown area that is in close proximity to local, national, and international modes of transportation.
22 Sussex is located .40 miles from the New Jersey Transit Train Station where the 12-mile commute to Manhattan is only 35 minutes. Our property at 22 Sussex is a mere .10 miles or a 2-minute walk to the Bergen County Courthouse and the premier law office building is located across the street. The Hospital is located .90 miles away with a 7-minute bus ride available at the end of Sussex Street, only 100 yards from our property. Hackensack is in the midst of a renaissance. The city has recently taken tremendous steps in implementing and adopting new zoning to transform the downtown into a mixed use, pedestrian friendly environment.
We completed a successful sale of the Hackensack Apartments LLC in April 2022.