Nutley Twp., NJ 07110,171 Franklin Ave
Nutley Twp., NJ 07110,171 Franklin Ave
Nutley Twp., NJ 07110,171 Franklin Ave
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LivX .

LivX .

+1(973) 221-0545
$1,950,000
Est. payment /mo
12,500 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $156

MLS Listing ID 3997708

Year Built 1910

Annual Tax Amount $27,817

Tax Year 2024

Lot Size 9,147 Sqft

Property Sub-Type Mixed Use

Property Description

Prime mixed-use income property featuring a warehouse, storefront, and three apartments in the heart of Nutley's vibrant Franklin Avenue corridor. Fully leased and income-producing with $122,760 gross annual income and $81,628 NOI, this asset delivers a 4.19% cap rate at the $1,950,000 asking price. The property includes a 4,600 SF warehouse with 1,000 SF office, a high-visibility retail storefront, and three well-maintained residential units above. A private driveway provides direct access to the warehouse for deliveries and operations. Excellent visibility and walkable downtown location make this a standout investment or owner-user opportunity. Strong tenant mix, steady income, and room for future rent growth make this an ideal long-term hold in a supply-constrained Essex County market.

Location

State NJ

County Essex

Zoning B3A

Rooms

Basement Bilco-Style Door, Full

Interior

Heating Gas-Natural, Oil Tank Above Ground - Inside

Cooling 4+ Units

Flooring Carpeting, Concrete, Laminate, Tile, Vinyl-Linoleum

Equipment Restrooms - Private, Storage Area(s)

Heat Source Gas-Natural, Oil Tank Above Ground - Inside

Exterior

Exterior Feature Vinyl Siding

Utilities Available All Underground

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Read Less Info
Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by CENTURY 21 THE CROSSING

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Maria Varisco Rogers Charter School

    Public | KG - 8

  • 8

    Ridgewood Avenue School

    Public | 3 - 6

  • 8

    Brookdale Elementary School

    Public | PK - 6

  • 8

    Oak View Elementary School

    Public | PK - 6

  • 8

    Yantacaw School

    Public | KG - 6

  • 8

    Belleville Ps9

    Public | KG - 5

  • 8

    Roosevelt School

    Public | 4 - 8

  • 8

    Jefferson School

    Public | 4 - 8

  • 7

    Demarest Elementary School

    Public | PK - 6

  • 7

    Radcliffe School

    Public | PK - 6

  • 7

    Spring Garden School

    Public | PK - 6

  • 7

    Washington School

    Public | KG - 6

  • 7

    Jefferson Elementary School

    Public | KG - 5

  • 7

    Roosevelt Elementary School

    Public | PK - 5

  • 6

    Watchung Elementary School

    Public | KG - 5

  • 6

    Bradford Elementary School

    Public | PK - 5

  • 6

    Carteret Elementary School

    Public | PK - 6

  • 6

    Franklin Elementary School

    Public | PK - 6

  • 6

    Belleville Ps10

    Public | KG - 6

  • 6

    Park Elementary School

    Public | PK - 8

Middle Schools 11
  • 8

    Glen Ridge High School

    Public | 7 - 12

  • 6

    East Orange STEM Academy High School

    Public | 6 - 12

  • 6

    Buzz Aldrin Middle School

    Public | 6 - 8

  • 6

    Bloomfield Middle School

    Public | 7 - 8

  • 6

    John H. Walker Middle School

    Public | 7 - 8

  • 4

    Belleville Middle School

    Public | 7 - 8

  • 4

    North Arlington Middle School

    Public | 6 - 8

  • 3

    John L. Costley Middle School

    Public | 6 - 8

  • 3

    Sojourner Truth Middle School

    Public | 6 - 8

  • 3

    Lincoln Middle School # 4

    Public | 7 - 8

  • 1

    Patrick F. Healy Middle School

    Public | 6 - 8

High Schools 15
  • 6

    Bloomfield Tech

    Public | 9 - 12

  • 5

    Nutley High School

    Public | 9 - 12

  • 5

    North Arlington High School

    Public | 9 - 12

  • 5

    Lyndhurst High School

    Public | 9 - 12

  • 4

    Bloomfield High School

    Public | 9 - 12

  • 2

    Passaic High School # 12

    Public | 9 - 12

  • 1

    East Orange Campus High School

    Public | 9 - 12

  • 1

    Belleville High School

    Public | 9 - 12

  • 0

    Bridges Academy @ Forest Glen

    Public | 9 - 12

  • 0

    Christ the King Prepatory School

    Private | 9 - 12

  • 0

    Mesivta of Clifton

    Private | 9 - 12

  • 0

    Queen of Peace High School

    Private | 9 - 12

  • 0

    Mesivta of North Jersey

    Private | 9 - 12

  • 0

    Bais Yaakov of Passaic High School for Girls

    Private | 9 - 12

  • 0

    Mesivta Tiferes Rav Zvi Aryeh Zemel

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

LivX .

LivX .

+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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171 Franklin Ave