New Jersey Fire Equipment Purchases Industrial Building In Hackensack For $1.48M From JWC MGT, LLC
163 Liberty Street
$1,480,000
$246/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
Jun 12, 2026
AI
The industrial property located at 163 Liberty Street in Hackensack, New Jersey, was sold for $1,480,000. The asset encompasses a total area of 6,000 square feet, reflecting a price per square foot of $247.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,480,000
- Buyer: New Jersey Fire Equipment
- Seller: JWC MGT, LLC
- Broker: Dominic Fittizzi - NAI James E. Hanson
New Jersey Fire Equipment intends to move its operations from Ridgefield Park to this newly acquired property, highlighting its advantageous location within Bergen County and accessibility to strong regional transportation networks.
Liberty Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.72%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93