242 River Street offers an exceptional development opportunity in Hackensack’s vibrant commercial corridor. Situated on a 0.24-acre parcel, this vacant lot is well-positioned for retail, office, medical, or mixed-use development, subject to local zoning requirements. The site benefits from prominent visibility along River Street, enhancing exposure for future businesses and tenants.
Connectivity is a major advantage, with immediate access to major regional routes including I-80, Routes 4 and 17, and the Garden State Parkway. Downtown Hackensack’s courthouse district, new residential projects, and a variety of dining and retail amenities are located nearby, creating strong market synergy. The property’s proximity to two NJ Transit rail stations—Anderson Street and Essex Street—introduces excellent commuter accessibility, while Newark Liberty International Airport is just a 22-minute drive, supporting both local and regional business operations.
With continued redevelopment in Hackensack, this site provides a rare opportunity to establish a modern facility in a market experiencing steady growth. Whether envisioned for healthcare services, boutique retail, or a professional office setting, 242 River Street delivers a flexible canvas and location appeal that attracts investment and long-term value.
Eric Anderson
Alexander Anderson Real Estate Group
