661 Franklin Ave, Nutley Twp. NJ 07110-1209

Property City
Nutley Twp.
Property Price
$999,000
Year Built
1800
Tax Annual Amount
$29000
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.24
MLS Status
Active
MLS #
4044830

Fully leased 4,627 SF office building on a 65x162 lot on Franklin Ave near Rt 3. 15 offices currently rented as 9 office suites generating $145,423 in gross annual rent; NOI approximately $85,441.56 (roughly a 8.5% cap rate at asking). On-site parking for at least nine cars. B-1 zoning. Close to downtown Nutley, Route 3, Route 21, GSP, and NJ Transit rail. Financials available upon request.

Yearly Tax Rate
2.699
Year Built (*numeric)
1800
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Central Air
GarageSpaces
12
Heating
Forced Hot Air
Lot Size Dimensions
65X162
Property Location

40.82772, -74.15073

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Data import from
GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762