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Listed by Tarek Hassieb Prominent Properties Sotheby's International Realty-Hoboken
$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 Com/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26010208
Style Com/Com Mixed
Property Sub-Type Com/Com Mixed
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
NEARBY SCHOOL & BUSINESS
Thomas Olsewski
Agent | License ID: PA# RS376466 and NJ# 2561002
+1(570) 526-2800 | tom@discoverpahomes.com