Address
196 Franklin Ave Nutley Twp., NJ
Price
$ 2,999,900
Property Attributes
  • ID#3741149
  • TypeCommercial
  • CountyESSEX
  • CityNutley Twp.
  • AreaNutley Twp.
  • Zip07110
  • StyleMixedUse
  • Year Built2007
  • Taxes$ 47773
  • Price$ 2,999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms6
  • Sqr Footage8751
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
UNITED REAL ESTATE
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

Entrepreneur's dream! Once you purchase this property, you are instantly a business owner, a building owner, a commercial landlord and a residential landlord.This well built, no expense spared all brick building in the heart of downtown Nutley includes a long-standing successful pizzeria that is fully functioning and operational, a second store front (currently rented) in addition to 4 oversized residential apartments. There are two 2 bedroom apartments and two 1 bedroom apartments (one 1 bedroom apartment is handicapped accessible) Each luxury apartment has hardwood floors, open concept LR/DR/Kitchen with granite, in-unit laundry and parking, which makes for an amazing rental income opportunity. All of this sits on top of the 4000 ft. basement with endless possibilities.Don't let this one get away!

Price History
9/17/2021 Listed $2,999,900

General Features

Basement Full, Walkout
Construction Brick/Block
Cooling 4+ Units
Drive Parking Lot-Exclusive
Flooring Concrete, Tile, Wood
Heating 4+ Units
Num Apts 4
Property Type Mixed Use, Office/Apartments, See Remarks
Property Type MixedUse
Roof Flat, Rubberized
Sewer Public Sewer
Tax Annual Amount 47773
Town # 1616
Township Nutley Twp.
Utilities Gas-Natural
Zoning Mixed Use

Interior Features

Fuel Type Gas-Natural
Num 1 Bdrm Units 2
Num 2 Bdrm Units 2
Num Units W/full Bath 4

Exterior Features

Building Area Total 8751
Exterior Description Brick/Block
Lot Dimensions 50X175
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 07110

Price
AVG $1.02M
$3M
Taxes
AVG $28,181
$47,773
Visits
AVG 267
48
Year Built
AVG 1948
2007
Walkscore
AVG 81
88
Data Provided by Walkscore ® not using MLS data

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