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Description

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.

Features

Heating System : Multi-zone, See Remarks, Radiators - Steam, 2 Units
Cooling System : Wall A/c Unit(s), See Remarks, Window A/c(s), Ductless Split Ac
Basement : Full, Unfinished, Walkout, Bilco-style Door
Roof Deck : Flat
Furnished : Laminate, Concrete
Lot Description: Corner
Tax Assessed Valuation: 1112400
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Electric, Gas-Natural

Additional Info

Office Name: MONACO REALTY LIST4LOWER, LLC
Office MLS ID: 0678
Agent ID: 233764
Tax: 29278
Tax Year: 2023
Application Fee: $0
Zoning: B3

Commercial For Sale

For Sale

$1,490,000

75 Franklin Ave, Nutley Twp., *

176 Acre
Built Year 1920

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5311926
Price: $1,490,000
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1920
Year Built Description: Approximate
Lot Area: 176 Acre
Status: Active
Days On Market: 30

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Essex
City Nutley Twp.
Zipcode *
Subdivision: B3
Street: Franklin Ave
Street Number: 75
Street Direction: Close to Harrison
Floor Number: 0
Longitude: W75° 50' 3.7''
Latitude: N40° 48' 38.4''
Internet Display Address: No