Active

75 Franklin Ave

Nutley Twp NJ, 07110

$1,490,000


$1,491.49 per sqft

Active

999 sqft

Commercial

Built in 1920

There are 4 very nice 2BR residential units. 3 of 4 units have washer/dryer in unit. The gym has an extended lease. All tenants are on leases. Left commercial side built 1920. Residential side built 1961. Commercial side has 3 zone heat and mini split. Plywood floor in gym. Great cap rate: 9.17% based on list price. Flood zone.

3930021

MLS ID

October 17, 2024

Listed

November 17, 2024

Updated

Map

75 Franklin Ave
Nutley Twp NJ, 07110

Interior Features

Total Stories

3


Interior Features

Concrete, Laminate


Floor Description

Concrete, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Taxes

$29,278


Tax Frequency

Annually


Days on Market

30


Garage

Yes


Garage Spaces

6


Parking Total

1


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

B3

Listing History

Date

Event

Price

11/14/2024

Price change

$1,490,000

-6%

Courtesy of MONACO REALTY LIST4LOWER, LLC with LORI MONACO,
Listing Contact: 9736678000 

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