Commercial Real Estate for Sale at 75 Franklin Ave in Nutley Twp., NJ for $1,490,000

Listing data updated November 16, 2024 - 7:46pm
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75 Franklin Ave | Nutley Twp.

$1,490,000 | 7 Baths (7 Half) | 999 Sq. Ft.

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. GSMLS 3930021

Directions to property: Close to Harrison

MLS Listing ID: 
GSMLS 3930021
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,490,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Nutley Twp.
Address: 
75 Franklin Ave, Nutley Twp., NJ 07110-3276, U.S.A.
County: 
Essex
Latitude: 
40.8106586
Longitude: 
-74.1656327
Directions: 
Close to Harrison
Public Remarks: 
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.
Community Information
Subdivision: 
B3
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1920
Living Area: 
999
Basement: 
Bilco-Style Door, Full, Unfinished, Walkout
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Brick/Block, Concrete
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
7
Total Half-Bathrooms: 
7
Utilities
Information about utilities available on the property.
Heating System: 
2 Units, Multi-Zone, Radiators - Steam, See Remarks
Heating System Fuel: 
Gas-Natural
Cooling System: 
Ductless Split AC, See Remarks, Wall A/C Unit(s), Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
176X100 IRR
Waterfront: 
0
Lot Features
Driveway: 
Additional Parking, Blacktop, Parking Lot-Exclusive, See Remarks
Parking Type: 
Additional Parking, Blacktop, Parking Lot-Exclusive, See Remarks
Total Parking Spaces: 
6
Public Record
Parcel Number: 
1616-09000-0000-00058-0000-
Lot Number: 
58
Annual Tax: 
$29,278.00
Property Zoning: 
B3
Contract Details
Details about the listing contract.
Possession: 
As Agreed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
MONACO REALTY LIST4LOWER, LLC

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