USANJNutley171 Franklin Ave
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171 Franklin Ave, Nutley, NJ

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,950,000

050

MLS® 3997708

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $27,817
Days Active 61
Approx. Age 1910
MLS® Number 3997708

Property Address: 171 Franklin Ave, Nutley, NJ, 07110-2940

Average square foot calculated using Size range provided by listing agent.

Description

Prime mixed-use income property featuring a warehouse, storefront, and three apartments in the heart of Nutley's vibrant Franklin Avenue corridor. Fully leased and income-producing with $122, 760 gross annual income and $81, 628 NOI, this asset delivers a 4.19% cap rate at the $1, 950, 000 asking price. The property includes a 4, 600 SF warehouse with 1, 000 SF office, a high-visibility retail storefront, and three well-maintained residential units above. A private driveway provides direct access to the warehouse for deliveries and operations. Excellent visibility and walkable downtown location make this a standout investment or owner-user opportunity. Strong tenant mix, steady income, and room for future rent growth make this an ideal long-term hold in a supply-constrained Essex County market.
MLS® Number3997708
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 13, 2025List Date
$1,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
171 Franklin Ave, Nutley, NJ

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