188 Prospect St, Nutley Twp NJ, 07110

Pending

Under Contract

188 Prospect St

Nutley Twp NJ, 07110

$1,100,000

Pending

Under Contract

Commercial

Built in 1925

Prime Mixed-Use Investment Opportunity! Located in the heart of Nutley, this is a fully occupied mixed-use building featuring 4 retail units on the ground level and 2 spacious apartments above. Each retail space is secured with leases through 2026, while the two apartments, both offering 3 bedrooms and 1 bath, are rented on a month-to-month basis. Both residential units come with in-unit washer/dryer hookups and the convenience of 2 off-street parking spots. Retail spaces benefit from ample on-street parking. All tenants enjoy access to a full basement, providing untapped potential for additional use. A great investment with stable income and growth potential! Owner pays taxes, water & insurance.

3926827

MLSⓇ ID

September 30, 2024

Listed

October 10, 2024

Updated

Map

188 Prospect St
Nutley Twp NJ, 07110

Interior Features

Total Stories: 2
Interior Features: Concrete, Tile, Vinyl, Wood
Floor Description: Concrete, Tile, Vinyl, Wood
Fireplace: No
Cooling: Yes
Cooling Description: Window Unit(s)
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Roof: Asphalt
Sewer: Public Sewer

Other Property Details

Taxes: $19,626
Tax Frequency: Annually
Days on Market: 9
Garage: No
Parking: Off Street
View: No
County: Essex
Water Source: Public
Pool: No
Zoning: R-1

Listing History

Date	Event	Price
10/10/2024	Pending	—

Courtesy of KELLER WILLIAMS PROSPERITY REALTY with FRANCESCA MESSERCOLA,
Listing Contact: 9736960077

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