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Hackensack Main St. Assemblage Is Sold

HACKENSACK, NJ–After going to business owners one-by-one to convince them to sell their buildings in the Main Street "rehabilitation zone," Alexander Anderson Real Estate Group has sold its first assemblage to a developer seeking to build a high-rise.

By Antoinette Martin | Updated on April 27, 2014

HACKENSACK, NJ–The land has traded for what will be the first “rehabilitation zone” site on Main Street here, in a deal arranged by Alexander Anderson Real Estate Group. The Hackensack-based company arranged the assemblage of property with multiple owners and brokered its sale.

There are currently seven small buildings and a parking lot on the 1.5 acres at 150-170 Main St. The site will make way for a developer’s proposed 14-story mixed-use building, with ground-floor retail and more than 300 residential units, according to Eric Anderson, the brokerage’s CEO.

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