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603 Frank E Rodgers N Blvd Harrison, NJ 07029-2634

OFF-MARKET Commercial real estate Google Maps
6,288 SF 0.08 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.79M
Range $1.61M – $1.97M (±10%)
Property ID US59-1517040

Property summary

AI-generated overview

This exceptional retail property, located at 603 Frank E. Rodgers Boulevard in Harrison, New Jersey, presents a unique investment opportunity. Priced at $1,300, this commercial space is ideally situated in the heart of Harrison, offering excellent visibility and accessibility. The property is a storefront, previously used as a barbershop, and benefits from its central location within the town. Its proximity to the PATH station and NJ Transit provides convenient access for both employees and customers. The address is 603 Frank E. Rodgers Boulevard, Harrison, NJ 07029, within Hudson County. The property type is listed as retail and land, with zero units. This presents a blank canvas for a variety of retail ventures, capitalizing on the high foot traffic and convenient public transportation access. The property's location offers significant potential for a thriving business. Serious inquiries are encouraged to explore this promising retail opportunity further. The property is zoned for commercial use. Further details regarding the land area and specific zoning regulations are available upon request.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 6,288 SF
Lot 0.08 ac (3,340 SF)
APN 04 00026-0000-00006- 01
UPID US59-1517040

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.77M
CAP Approach CAP
$1.60M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.79M

Owner & transaction history

since 2023
Last sale
$1.5M
4 recorded transactions
2023
$1.5M
2007
Price N/A
2006
$650,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.6M +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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