743 Harrison Ave - Storefront Retail/Residential FOR SALE


Harrison, NJ 07029
$2,350,000 USD
201-222-2900
743 Harrison Ave, Harrison, NJ for Sale
$2,350,000 USD
Storefront Retail/Residential - FOR SALE
1/50
null | Request Cap Rate

743 Harrison Ave
Harrison, NJ 07029


OVERVIEW

743 Harrison Avenue is a fully leased, fully renovated mixed-use property on a 25 x 100 lot, featuring 9 total units, with 8 residential units (2 studios, 6 two-bedroom apartments) and 1 commercial storefront. The building is in mint condition, with separate utilities including heat and water, no rent control, and low-maintenance newer and modern mechanical systems — an investment that holds promising success from day one of ownership. Generating $186,000 in annual income with $37,481 in expenses, it delivers a net operating income of $149,695 and a 6.3% cap rate. With below-market rents, there’s 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, modern upgrades, and a high-demand location. Inquire within today!

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,597 SF

ZONING

NC

APN/PARCEL ID

04-00197-0000-00005

ASK ABOUT THIS PROPERTY

Tarek HassiebLiberty Realty, LLCMore Info
201-222-2900

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Tarek HassiebLiberty Realty, LLCMore Info
201-222-2900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.