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7 Franklin Ave 6 Unit Apartment Building For Sale Harrison, NJ 07029
Investment Highlights
- 6-unit, ~6,120 SF value-add opportunity near Harrison PATH. 4 renovated units w/ modern finishes + in-unit W/D.
- Parking lot across street.
- Basement storage rooms offer additional income
Executive Summary
Rare opportunity to acquire a 6-unit multifamily in Harrison, NJ. This approximately 6,120 SF three-story walk-up offers strong upside potential and consistent tenant demand. Four of the six units have been updated with modern kitchens and bathrooms, upgraded flooring and finishes, and in-unit washer/dryers.
The property also features a full basement with income-generating storage rooms, along with a shared backyard for tenants. A parking lot located directly across the street adds valuable convenience in this high-demand area.
Ideally situated just about a 15-minute walk (or 3-minute drive) to the Harrison PATH station, and in close proximity to schools, local amenities, and West Hudson Park—a 46-acre, family-friendly recreational destination.
The property also features a full basement with income-generating storage rooms, along with a shared backyard for tenants. A parking lot located directly across the street adds valuable convenience in this high-demand area.
Ideally situated just about a 15-minute walk (or 3-minute drive) to the Harrison PATH station, and in close proximity to schools, local amenities, and West Hudson Park—a 46-acre, family-friendly recreational destination.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 6 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 6,120 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 6,120 SF |
| No. Stories | 3 |
| Year Built | 1950 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 04-00051-02-00007 | Improvements Assessment | $793,072 CAD |
| Land Assessment | $201,527 CAD | Total Assessment | $994,599 CAD |
Property Taxes
Parcel Number
04-00051-02-00007
Land Assessment
$201,527 CAD
Improvements Assessment
$793,072 CAD
Total Assessment
$994,599 CAD
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7 Franklin Ave
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