NJ > Harrison
Harrison, NJ 07029,743 HARRISON AVE
Harrison, NJ 07029,743 HARRISON AVE
Harrison, NJ 07029,743 HARRISON AVE
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$2,350,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250023431

Annual Tax Amount $18,981

Lot Dimensions 25x100

Property Sub-Type Investment

Property Description

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!

Location

State NJ

County Hudson

Area Harrison

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Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Niraj Parikh

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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