1 N Harrison St
Mixed Use | 8.27% CAP | 4,945 SqFt
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use building located at 1 Harrison Street in East Orange, New Jersey (“the Property”).
The Property consists of a three-story mixed-use building containing five (5) total units comprised of one (1), 3-Bedroom/1-Bathroom residential unit and four (4) commercial units on a 0.11-acre corner parcel of land. The Property is well located at the signalized intersection of N Harrison Street and Main Street, one of the area’s primary commercial and commuter corridors, in the heart of East Orange. The Property is across the street from The Crossing at Brick Church Station, a new mixed-use development that includes 820 residential units and 196,000 square feet of retail space (including Shop Rite). The Property is also convenient to Seton Hall University and East Orange VA Medical Center, enjoys convenient access to several commuter rail stations and is 3.5-miles from the Newark’s Central Business District. The Property is positioned along the municipal bus line, is seconds from Brick Church Train Station (with direct service to Manhattan’s Penn Station) and offers quick access to Interstate 280, the Garden State Parkway, and NJ Route 21.
Located in Essex County, East Orange is a suburb of New York City and is approximately 13-miles to the west.
Investment highlights
THE ASSET: 1 N Harrison Street is a three-story mixed-use building and contains five total units on a 0.11-acre corner parcel of land. The Property has one (1), 3-bedroom/1- bathroom residential unit and four (4) commercial units. The Commercial Units are fully leased to a complimentary mix of local retailers and service tenants.
UPSIDE POTENTIAL: The residential unit has below-market rent, the opportunity exists to increase residential rents to market rates in an urban-infill, high demand, supply-constrained residential market increasing the income of the Property. Additionally, three of the commercial leases call for scheduled annual rent increases.
CONVENIENT LOCATION: The Property is well located at the signalized intersection of N Harrison Street and Main Street (the area’s primary commercial corridor) in a densely populated neighborhood in the heart of the city. The Property provides easy access to local and national retailers and restaurants, and several banks (Chase Bank, Wells Fargo, Santander, PNC Bank & Citizens) along Main Street in Downtown East Orange, as well as numerous schools (several elementary, middle, and high schools), Seton Hall University, and the East Orange VA Medical Center. The Property is also just 3.5-miles from Newark’s Central Business District.
TRANSIT ORIENTED LOCATION: 1 N Harrison Street is 0.1-miles from Brick Church Train Station and 0.8 miles from Orange Train Station (both with service on the M&E and MNEG lines), 1.7-miles from Watsessing Station (MNBTN line) and close to three Light Rail Stations (Orange Street, Park Avenue Newark and Bloomfield Avenue) and 4-miles from Newark’s Penn Station with direct service to Manhattan’s Penn Station. The Property also offers convenient access to the Garden State Parkway, Interstates 280, and NJ Route 21. The Property is also seconds from several municipal bus stops.
AREA DEVELOPMENT: The Property is across the street from The Crossings at Brick Church Station, a multi-phase, transit-oriented redevelopment. The Crossings at Brick Church Station is a vibrant, mixed use, transit oriented hub that seamlessly integrates 820 mixed income residences (Embark at the Crossings), over 200,000 square feet of grocery-anchored retail, a pedestrian promenade that connects directly to NJ Transit’s Brick Church train station, and a 1,200 space garage. This multi-phase project redeveloped an outdated retail strip center to create density, catalyze equitable revitalization, promote sustainable mobility, and enhance community pride in East Orange.
SETON HALL UNIVERSITY: Located approximately 2.2-miles from the Property, Seton Hall University is a private Catholic research university in South Orange, New Jersey. As of the 2025 fall semester, there were approximately 10,000 total enrolled students, and more than 1,000 faculty and staff members. Seton Hall offers more than 90 rigorous majors, Seton Hall's academic excellence has been singled out for distinction by The Princeton Review, U.S. News & World Report and Bloomberg Businessweek.
TRAFFIC COUNTS: On average more than 19,200 vehicles pass the Property each day at the signalized intersection of N Harrison Street and Main Street.
STRONG DEMOGRAPHICS: Over 66,300 people live within 1-mile of the Property with an average household income of $79,850. An impressive 419,700 people live within 3-miles of the Property with an average household income of $102,292. Additionally, there are more than 88,500 employees within 3-miles of the Property.
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