171 Franklin Ave , Nutley Twp., New Jersey 07110-2940

  • $1,359,000

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 6% cap rate at the $1,359,000 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.

  • City: Nutley Twp.
  • State/county: Essex

Details

Updated on May 4, 2026 at 2:54 am
  • Property ID HZ4011059
  • Price $1,359,000
  • Property Size 12500
  • Property Status Active

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Queens Realty New Jersey

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