302-304 N 3rd St - Apartments FOR SALE


Harrison, NJ 07029
$4,950,000 USD
201-218-9156
302-304 N 3rd St, Harrison, NJ for Sale
$4,950,000 USD
Apartments - FOR SALE
1/3
null | 6.32% Cap Rate

302-304 N 3rd St
Harrison, NJ 07029


HIGHLIGHTS

  • No Rent Control
  • Average Rent of $1,831 vs Market Rent of $2,531 ($700+ difference on turnover)
  • Studio, One-, and Two- Bedroom Apartments
  • 8 Out of 20 Units Renovated by Current Owner
  • Landlord Pays For Heat, Hot Water, Water/Sewer & Common Area Electric
  • The building is approximately a 6-minute walk to the Harrison Ave at North 2nd St bus stop which provides a 26-minute trip into Midtown Manhattan

OVERVIEW

Patrick Forde License No. 2330333 (NJ) (866) 889-0550 Matthews Real Estate 52 Park Avenue, Suite B5, Park Ridge NJ 07656

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$340 USD /SF

# OF UNITS

20

PRICE/UNIT

$247,500

CAP RATE

6.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1990

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

2F-1

APN/PARCEL ID

04-00017-0000-00024

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.