Properties

Description

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.

Features

  • Heating System : Forced Hot Air
  • Cooling System : Central Air
  • Basement : Full, Storage, Slab, Finished-partially
  • Roof Deck : Asphalt Shingle
  • Tax Assessed Valuation: 800000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: CORCORAN SAWYER SMITH
  • Office MLS ID: 485909
  • Agent ID: 293409
  • Tax: 29000
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: B-1

Commercial For Sale

For Sale
$999,000

661 Franklin Ave, Nutley Twp., *

  • SQFT 65 Acre
  • Built Year 1800

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5451470
  • Price: $999,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1800
  • Year Built Description: Approximate
  • Lot Area: 65 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Nutley Twp.
  • Zipcode *
  • Street: Franklin Ave
  • Street Number: 661
  • Street Direction: Kingsland St to Franklin Ave
  • Building Name: 661
  • Floor Number: 0
  • Longitude: W75° 50' 57.4''
  • Latitude: N40° 49' 39.8''
  • Internet Display Address: No
Property