631 Franklin Ave
Nutley Twp., NJ 07110

$799,000

Sq. Ft.: 3,750
Type: Commercial
Listing #3932216
Discover a premier investment opportunity at 631-635 Franklin Ave, Nutley, NJ! This 3,124 SF retail property is strategically positioned in a bustling area, ensuring high visibility and foot traffic. Nestled in the heart of Nutley, it benefits from a thriving local economy and a vibrant community atmosphere. The property's prime location offers easy access to major highways and public transportation, making it a convenient destination for shoppers. With Nutley's continuous growth and development, this asset presents significant upside potential for investors seeking a stable and lucrative income stream. Don't miss the chance to own a piece of this dynamic market!
Property Features
Location Information
County: Essex
Latitude: 40.82671
Longitude: -74.15122
Property Location: Business District, Freestanding
Directions: Franklin Avenue
Interior Features
Heating: 4+ Units
Heating Fuel: Gas-Natural
Cooling: 4+ Units
Ceiling Height: 12
Basement Description: Crawl Space
Has Basement: Yes
Tenant Pays: Electric, Gas, Heat, Hot Water, Trash Removal
Total Number of Units: 4
Exterior Features
Stories: 1
Construction: Brick/Block, Formed Concrete
Siding: Brick/Block, Concrete
Roof: Flat
Water: Public Water
Utilities: All Underground
Parking Description: Parking Lot-Exclusive
Lot Description: Level Lot
Loading Docks: 0
Lot Size in Acres: 0.18
Zoning: B1
Building Total Area (Sq. Ft.): 3,750
Additional Information
Property Type: COM
Property SubType: Retail Complex, Strip/Shopping Center
Year Built: 1900
Status: Active
Owner Pays: Repairs, Sewer, Snow Removal
Tax Amt / Rate / Rate Yr / Yr: 20672 / 2.576 / 2024 / 2023
Equipment Available: Restrooms - Private
Documents Available: Income & Expenses, Pro Forma, Survey


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
CENTURY 21 THE CROSSING
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GSMLS (Broker IDX) data last updated at November 21, 2024 7:01 PM ET