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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 6-Unit Multifamily Opportunity in Harrison, NJ – approximately 6,120 SF three-story walk-up with strong upside and solid tenant appeal. 4 of 6 units have been renovated, featuring modern kitchens and bathrooms, upgraded flooring/finishes, and in-unit washer/dryer.
The property includes a full basement with income-producing storage rooms, plus a shared backyard for tenants. A parking lot directly across the street adds major convenience in this high-demand location.
Ideally positioned just ~15 minutes walking / ~3 minutes driving to the Harrison PATH, and close to schools, neighborhood amenities, and West Hudson Park (46 acres)—a well-known, family-friendly recreation destination.
The property includes a full basement with income-producing storage rooms, plus a shared backyard for tenants. A parking lot directly across the street adds major convenience in this high-demand location.
Ideally positioned just ~15 minutes walking / ~3 minutes driving to the Harrison PATH, and close to schools, neighborhood amenities, and West Hudson Park (46 acres)—a well-known, family-friendly recreation 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 | $584,000 |
| Land Assessment | $148,400 | Total Assessment | $732,400 |
Property Taxes
Parcel Number
04-00051-02-00007
Land Assessment
$148,400
Improvements Assessment
$584,000
Total Assessment
$732,400
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7 Franklin Ave
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