2 E Passaic Ave Nutley, NJ ^$ 2,195,000

2 E Passaic Ave

^$ 2,195,000

Back to search

Recently Listed

2 E Passaic Ave

Nutley, NJ, 07110

^$ 2,195,000

Bedrooms-- Baths-- Sq 7,000

Monthly Estimate*

^$ 13,515

2 E Passaic Ave, Nutley, NJ 07110 - Image 1

2 E Passaic Ave, Nutley, NJ 07110 - Image 2

2 E Passaic Ave, Nutley, NJ 07110 - Image 3

2 E Passaic Ave, Nutley, NJ 07110 - Image 4

2 E Passaic Ave, Nutley, NJ 07110 - Image 5

2 E Passaic Ave, Nutley, NJ 07110 - Image 6

2 E Passaic Ave, Nutley, NJ 07110 - Image 7

2 E Passaic Ave, Nutley, NJ 07110 - Image 8

2 E Passaic Ave, Nutley, NJ 07110 - Image 9

2 E Passaic Ave, Nutley, NJ 07110 - Image 10

2 E Passaic Ave, Nutley, NJ 07110 - Image 11

2 E Passaic Ave, Nutley, NJ 07110 - Image 12

2 E Passaic Ave, Nutley, NJ 07110 - Image 13

2 E Passaic Ave, Nutley, NJ 07110 - Image 14

2 E Passaic Ave, Nutley, NJ 07110 - Image 15

Commercial Property for sale in Nutley, NJ

for $2,195,000 with 7 half baths. This 7,000 square foot building was built in 1908.

Opportunity knocks with this mixed-use building offering an iconic, thriving Restaurant/Bar business with a rich history and 4 residential apartments. Established nearly a century ago, The Old Canal Inn is poised to continue propelling forward. Total patron capacity of 186 including the 75 in the dining room. An extensive craft beer list flows through the 30 taps, with a strong customer base which enjoys the outdoor patio, live entertainment, catering, private parties and the in-house regulation shuffleboard table as well as the 22 large screen TVs. The kitchen and restaurant received a total renovation in 2015. AC systems (2022), Boiler (2020). The residential apartments are well-maintained and fully occupied. Turn-key, profitable operation with strong potential for added growth.

Commercial Active

Price

^$ 2,195,000

Half Bath

Property Type

Commercial

Taxes

^$ 31,805

Style

MixedUse

Year Built

1908

Town/City

Nutley

County/Region

Essex

MLS | Web ID

4012963

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 2 Units Baseboard - Hotwater Radiators - Steam

Cooling 2 Units Central Air

Utilities Electric Gas-Natural

Possession TBD

Roof Flat

Zoning B2

Garage Spaces 20

Year Built 1908

Township Nutley Twp.

Property Type Mixed Use Restaurant/Bar See Remarks MixedUse

Tax Year 2025

Ownership Fee Simple

Location Residential Area See Remarks

County Essex

Status Active

Directions E Passaic Ave at the border of Nutley and Bloomfield. Hoover to E. Passaic or Centre to E. Passaic.

Number Of Units Total 150

Tax Annual Amount 31805

Drive Blacktop Lighting Parking Lot-Exclusive

Leasable Area 0

Standard Status Active

Tax Assessed Value 1178400

Town # 1616

Tax Lot 1

Interior

Basement Bilco-Style Door Full Storage

Flooring Carpeting Tile Vinyl-Linoleum Wood

Fuel Type Gas-Natural Oil Tank Above Ground - Inside

Total Stories 3

Half Baths 7

Exterior

Lot Features Corner Level Lot

Water Source Public Water

Exterior Description Aluminum ConcBrd Vinyl

Building Area Total 7000

Lot Dimensions 100X177 IRR

* Excluded Features

List By

FRANK CONTURSO

Listing Agent

Keller Williams Suburban Realty

Broker

frankconturso@kw.com

Affordability Calculator

$16,165

Per Month

Monthly Principal & Interest: $13,515
Monthly Property Taxes: $2,650
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Nutley, NJ

Average List Price ^$846,920

Percent of Sale Price 61%

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
3/6/2026	$2,195,000		Listed Price

Map

More homes like this one

homes for you

See all

2 E Passaic Ave, Nutley, NJ, 07110 is a Commercial Property for sale at $2,195,000 with 7,000 sqft. 2 E Passaic Ave was built in 1908. 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 6.25% 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2 E Passaic Ave

Commercial Property for sale in Nutley, NJ

Affordability Calculator

Map

More homes like this one

Get more info about this home