Pending

Under Contract

156 Franklin Ave

Nutley Twp NJ, 07110

$1,150,000


$28.75 per sqft

Pending

Under Contract

5 Beds

3 Baths

39,996 sqft

Multi-family

Investment Opportunity in Downtown Nutley! This newly renovated 4-unit commercial building boasts 2 updated residential units and 2 modern storefronts, perfect for a variety of businesses. This opportunity boasts new hardwood flooring, 5 bedrooms with a possible studio and 3 kitchens, one being brand new! Enjoy the convenience of this corner property having a 2-car garage and a spacious backyard with potential for expansion or additional parking on the land. Tremendous opportunity with this property being close to colleges, the Newark Airport, and close to NYC with park nearby and a great school system! Plus, explore the possibility of creating a studio apartment on the first floor. Don't miss this chance to own a versatile property in a thriving location walking distance to schools, parks, and a variety of restaurants and businesses!

3915966

MLS ID

July 29, 2024

Listed

October 14, 2024

Updated

Map

156 Franklin Ave
Nutley Twp NJ, 07110

Interior Features

Bedrooms

5


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

2


Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Radiant

Exterior/Building Features

Lot Features

Corner Lot


Architectual Style

Fourplex


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Taxes

$16,470


Tax Frequency

Annually


Days on Market

74


Garage

Yes


Garage Spaces

2


Parking

Detached


Parking Total

2


View

No


County

Essex


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/14/2024

Pending

8/27/2024

Price change

$1,150,000

-12%

Courtesy of KELLER WILLIAMS PROSPERITY REALTY with STEVEN N EMERY, ARON COOPER
Listing Contact:  

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