Mixed-Use Property with
104-108 Harrison Ave. Harrison, NJ 07029
For Sale
Contact for pricing
Mixed-use building includes a storefront and two-bedroom apartments with a wet sprinkler system and 3-phase electricity.
Property Size3,750 SF
Lot Size0.11 Acres
Price / SF$346.67
Days on Market119
Property Features for 104-108 Harrison Ave.
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Lot size
- 0.11 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2000
Listing Agency:
Century 21 Semiao & Associates Lyndhurst
(201) 460-8000
Listed By:
Maggie Abdo-Manno CCIM · License #NJ 0457204
Source:
Crexi
Added: Mar 28
Changed: Jul 23
Last Checked: Jul 23 at 4:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Semiao & Associates Lyndhurst
Investment Insights
Based on property information with market context.
This mixed-use property features a storefront and two-bedroom apartments within the 104 Harrison Ave mixed-use building. The building includes a wet sprinkler system and 3-phase electricity.
The offering also includes the 106–108 Harrison Ave parcel, described as a 50-by-100 lot, zoned NC2 Neighborhood Commercial zone 2.
The property is being offered for sale as a mixed-use investment opportunity for investors, builders, and owner-users looking to open a small business.
The offering also includes the 106–108 Harrison Ave parcel, described as a 50-by-100 lot, zoned NC2 Neighborhood Commercial zone 2.
The property is being offered for sale as a mixed-use investment opportunity for investors, builders, and owner-users looking to open a small business.
Key Highlights
- Mixed‑use building built in 2000 with a storefront plus two‑bedroom apartments
- Includes wet sprinkler system
- 3‑phase electricity available
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.9k | $25.56 |
| − Vacancy | −$6.2k | −$1.65 |
| EGI | $89.7k | $23.91 |
| − OpEx | −$26.9k | −$7.17 |
| NOI | $62.8k | $16.74 |
3,750 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$896.6K
$784.5K – $1.05M
NOI $62,761 @ 7.0% cap · market cap 4.83%
Second Best
Mixed Use
$883.9K
$773.4K – $1.03M
NOI $61,875 @ 7.0% cap · market cap 4.76%
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.58M
NOI $95,054 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Mixed-use property - Mixed-use building includes a storefront and two-bedroom apartments with a wet sprinkler system and 3-phase electricity.
Where is this mixed-use property located?
The property is located at 104-108 Harrison Ave. Harrison, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use building built in 2000 with a storefront plus two‑bedroom apartments; Includes wet sprinkler system; 3‑phase electricity available
