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    743 Harrison Ave Harrison, NJ 07029

    New
    For Sale
    $2,350,000

    Investment - Harrison, NJ

    Days on Market:
    3
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 743 Harrison Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Number of units
    9
    Architectural style
    Other

    Prominent Properties (201) 795-5200 [email protected]

    Listing agent TAREK HASSIEB (201) 795-5200 License #1648869

    Listing date Dec 6, 2025

    MLS# 250023431 Listing URL

    Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Investment Property

    The property at 743 Harrison Avenue is a fully leased and renovated mixed-use building situated on a 25 x 100 lot. It comprises a total of 9 units, including 8 residential units (2 studios and 6 two-bedroom apartments) and 1 commercial storefront. The building is in excellent condition and features separate utilities for heat and water. The property is not subject to rent control and benefits from low-maintenance, newer, and modern mechanical systems. The property generates an annual income of $186,000 with $37,481 in expenses, resulting in a net operating income of $149,695 and a 6.3% cap rate. The property's location near PATH and NJ Transit contributes to stable occupancy. The property offers immediate upside potential due to below-market rents. This property is suited for portfolio expansion or completing a 1031 exchange.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1487135
    Latitude
    40.7475151

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased, renovated mixed-use property with immediate upside potential.
    Where is this mixed-use property located?
    The property is located at 743 Harrison Ave Harrison, NJ.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Fully leased, renovated mixed-use property generating $149,695 net operating income.; - Prime location near PATH and NJ Transit, ensuring stable occupancy.; - No rent control and separate utilities for each unit.
    (201) 795-5200
    Request Owner's contact information
    743 Harrison Ave Harrison, NJ 07029
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    Harrison, NJ 07029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    743 Harrison Ave Harrison, NJ 07029
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