527 Franklin Ave Nutley, NJ ^$ 2,975,000

527 Franklin Ave

^$ 2,975,000

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527 Franklin Ave

Nutley, NJ, 07110

^$ 2,975,000

Bedrooms-- Baths-- Sq 7,000

Monthly Estimate*

^$ 18,560

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Commercial Property for sale in Nutley, NJ

for $2,975,000 with 7 half baths. This 7,000 square foot building was built in 1941 on a lot size of 0.17.

Great opportunity to be apart of Nutley's new development. Operate your business downstairs and live or rent in one of the four apartments above. Currently used as a real estate office with five other ancillary businesses. Private off street parking behind and adjacent to the building. NOT a common driveway. All expenses and rents will be disclosed to interested parties only.owner financing avail to qualified buyers at a discounted rate

Commercial Active

Price

^$ 2,975,000

Half Bath

Property Type

Commercial

Taxes

^$ 37,656

Style

OffcApts

Lot Size

0.17

Year Built

1941

Town/City

Nutley

County/Region

Essex

MLS | Web ID

3952843

Features

General

Sewer Public Sewer

Construction See Remarks

Heating 4+ Units Forced Hot Air Multi-Zone

Cooling 4+ Units Central Air Ductless Split AC Multi-Zone Cooling

Utilities All Underground

Possession tbd

Roof Asphalt Shingle

Zoning mixed

Garage Spaces 8

Year Built 1941

Township Nutley Twp.

Property Type Mixed Use Office/Apartments OffcApts

Tax Year 2024

Ownership Fee Simple

Location Business District Residential Area

County Essex

Status Active

Directions Between Vreeland ave and High StreetDirectly adjacent to the new development where Ciccolini property was located

Number Of Units Total 5

Tax Annual Amount 37656

Drive Blacktop Common Parking Lot-Exclusive Parking Lot-Shared

Leasable Area 3500

Standard Status Active

Tax Assessed Value 1430700

Town # 1616

Tax Lot 31

Interior

Flooring Carpeting Vinyl-Linoleum Wood

Fuel Type Gas-Natural

Total Stories 2

Half Baths 7

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description See Remarks

Building Area Total 7000

Lot Dimensions 50X150

Lot Size Acres 0.17

* Excluded Features

List By

JANET DEPALMA

Listing Agent

Coldwell Banker Franklin Realty

Broker

Janetd9330@aol.com

Affordability Calculator

$21,698

Per Month

Monthly Principal & Interest: $18,560
Monthly Property Taxes: $3,138
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Nutley, NJ

Average List Price ^$765,980

Percent of Sale Price 74%

About Nutley, NJ

29,582 Population

8% Since 2002

^$90,237 Median Income

42.54 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2025	$2,975,000		Listed Price

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527 Franklin Ave, Nutley, NJ, 07110 is a Commercial Property for sale at $2,975,000 with 7,000 sqft and a lot size of 0.17. 527 Franklin Ave was built in 1941. The property's zip code is 07110 which is in Nutley, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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527 Franklin Ave

Commercial Property for sale in Nutley, NJ

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