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Harrison Multifamily 302-304 N 3rd St 20 Unit Apartment Building $6,940,514 CAD ($347,026 CAD/Unit) 6.50% Cap Rate Harrison, NJ 07029
INVESTMENT HIGHLIGHTS
- Below Market Rents – Approximately 20% Upside
- 0.7 Miles to the Harrison Path Station with Direct Access into New York City
- No Rent Control
PROPERTY FACTS
| Price | $6,940,514 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $347,026 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.50% | Building Size | 13,808 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1990 |
| Zoning | 2F-1 | ||
| Price | $6,940,514 CAD |
| Price Per Unit | $347,026 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 13,808 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1990 |
| Zoning | 2F-1 |
AMENITIES
UNIT AMENITIES
- Heating
- Oven
- Tub/Shower
- Framed Mirrors
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 22 | - | - |
1 1
Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 04-00017-0000-00024 | Improvements Assessment | $1,383,182 CAD |
| Land Assessment | $704,555 CAD | Total Assessment | $2,087,737 CAD |
PROPERTY TAXES
Parcel Number
04-00017-0000-00024
Land Assessment
$704,555 CAD
Improvements Assessment
$1,383,182 CAD
Total Assessment
$2,087,737 CAD
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Harrison Multifamily | 302-304 N 3rd St
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