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661 Franklin Ave Nutley, NJ $ 999,000
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$ 999,000 Get more info
661 Franklin Ave
$ 999,000
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661 Franklin Ave

Nutley, NJ, 07110
$ 999,000
Bedrooms-- Baths-- Sq 4,627

Monthly Estimate*

$ 6,308

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Commercial Property for sale in Nutley, NJ

for $999,000 with 3 half baths. This 4,627 square foot building was built in 1800 on a lot size of 0.24.

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.

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Commercial Active

Price

$ 999,000

Half Bath

3

Property Type

Commercial

Taxes

$ 29,000

Style

Office Building Complex

Lot Size

0.24

Year Built

1800

Town/City

Nutley

County/Region

Essex

MLS | Web ID

4044830
Features
General
Sewer Public Sewer
Construction Wood
Heating Forced Hot Air
Cooling Central Air
Utilities Electric Gas-Natural
Possession at closing
Roof Asphalt Shingle
Zoning B-1
Garage Spaces 12
Year Built 1800
Township Nutley Twp.
Property Type Free Standing Office Office Building Complex Office Building Complex
Tax Year 2025
Ownership Fee Simple
Location Business District Freestanding
Gross Income 145423
County Essex
Net Operating Income 85441
Operating Expense 59982
Status Active
Directions Kingsland St to Franklin Ave
Number Of Units Total 15
Tax Annual Amount 29000
Drive Blacktop Driveway-Exclusive Off-Street Parking Parking Lot-Exclusive
Leasable Area 4627
Standard Status Active
Tax Assessed Value 800000
Town # 1616
Tax Lot 21
Cap Rate 8.50
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Interior
Basement Finished-Partially Full Slab Storage
Fuel Type Gas-Natural
Total Stories 2
Half Baths 3
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Exterior
Water Source Public Water
Exterior Description Aluminum Vinyl
Building Area Total 4627
Lot Dimensions 65X162
Lot Size Acres 0.24
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* Excluded Features
List By
DANIEL FLEISHER

Listing Agent

Corcoran Sawyer Smith

Broker

Affordability Calculator

$8,724
Per Month
72%
28%
0%
Monthly Principal & Interest
$6,308
Monthly Property Taxes
$2,417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2026$999,000 Listed Price

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661 Franklin Ave, Nutley, NJ, 07110 is a Commercial Property for sale at $999,000 with 4,627 sqft and a lot size of 0.24. 661 Franklin Ave was built in 1800. The property's zip code is 07110 which is in Nutley, NJ

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