661 Franklin Ave, Nutley Twp., NJ 07110
661 Franklin Ave, Nutley Twp., NJ 07110
661 Franklin Ave, Nutley Twp., NJ 07110
661 Franklin Ave, Nutley Twp., NJ 07110
661 Franklin Ave, Nutley Twp., NJ 07110
661 Franklin Ave, Nutley Twp., NJ 07110
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$ 999,000
Est. payment | /mo

4,627 SqFt


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$ 999,000
Est. payment | /mo
Save

4,627 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,627 sqft

Price per Sqft $215

MLS Listing ID 4044830

Year Built 1800

Annual Tax Amount $29,000

Tax Year 2025

Lot Size 10,454 Sqft

Property 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.

Location

State NJ

County Essex

Zoning B-1

Rooms

Basement Finished-Partially, Full, Slab, Storage

Interior

Heating Gas-Natural

Cooling Central Air

Equipment Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum, Vinyl

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by CORCORAN SAWYER SMITH
NEARBY SCHOOL & BUSINESS
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Joseph Matassa

Joseph Matassa

Agent

+1(732) 802-7100

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661 Franklin Ave