743 Harrison Ave., Harrison, NJ
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 $34,481 in expenses, it delivers a net operating income of $151,519 and a 7% 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!
$2,150,000
INTERESTED IN THIS PROPERTY?
Tarek Hassieb, Sales Associate
732.874.3999 — tarek@prominentcommercial.com
Asset Type: Multifamily (Mixed-Use)
Square Footage: 6,712 SF (on 25' x 100' lot)
Available: 9 units (2 studios + 6 two-bedroom + 1 commercial storefront)
Parking: N/A
Zoning: N/A
Year Built: N/A (fully renovated)
