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$2,150,000
Est. payment /mo
Price Dropped by $125K
743 HARRISON AVE Harrison, NJ 07029
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260005381
Annual Tax Amount $18,981
Lot Dimensions 25x100
Property Sub-Type Investment
Property Description
743 Harrison Avenue, Harrison NJ is a fully leased mixed-use property featuring 9 total units, with 8 residential units and 1 commercial storefront. Key features are updated apartments, separate utilities including heat and water, no rent control, low maintenance, newer mechanical systems, and collection of timely rent payments. You'll get $186,000 in gross rents and expect a handsome 7% cap rate. With below-market rents, there's cause for immediate upside potential, while its prime location near PATH and NJ Transit keeps occupancy stable and tenants happy. Whether you're adding to your portfolio, completing a 1031 exchange, or possibly buying as a seasoned portfolio owner or institution, this property combines strong cash flow and stability. Inquire within.
Location
State NJ
County Hudson
Area Harrison
Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Nearby Locations
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