661 Franklin Ave, Nutley Twp. NJ 07110-1209

$999,000
Active
Nutley Twp.

About this home

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.

Taxes & fees

Annual property tax
$29,000
Tax year
2025
Tax rate
2.699

Property details

Year Built
1800
Roof (*text)
Asphalt Shingle
Lot Size Area
0.24
MLS #
4044830

Features & amenities

Year Built (*numeric)
1800
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
0
Basement (*text)
Yes
Cooling (*text)
Central Air
Garage spaces
12
Heating
Forced Hot Air
Lot 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.
Listing source
GSMLS
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