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    Mixed-Use Income Property in Nutley
    Updated: Feb 24
    Mixed-Use Income Property in Nutley

    171-173 Franklin, Nutley, NJ 07110

    $1,359,000
    5,600 sqft
    Income‑producing property boasting $122,760 gross annual income and $81,628 NOI.
    Attractive 6% cap rate at the $1,359,000 asking price.
    Prime mixed‑use property featuring a warehouse, storefront, and three apartments.
    Fully leased with a strong tenant mix.
    4,600 SF warehouse with 1,000 SF office and private driveway access.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    171-173 Franklin, Nutley, NJ 07110

    View Property Analytics

    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $86K
      Annual

    • Mortgage

      $690K
      Aug 2005

    • Last Sold

      Aug 2005
      $920K

    • Property Type

      Commercial (General)
      Built 1910
    View Property Analytics
    Nutley Mixed-Use Investment Opportunity
    Updated: Jun 5, 2025
    Nutley Mixed-Use Investment Opportunity

    120 Franklin Ave, Nutley, NJ 07110

    $995,000
    Prime location in Nutley's business district.
    Retail unit with two apartments provides diverse income streams.
    Parking for 8 cars plus street parking.
    Rear building suitable for various uses (formerly a dance studio).
    Investment opportunity.
    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in Nutley, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Belleville Multifamily Investment Opportunity
    Belleville Multifamily Investment Opportunity

    220 Passaic Ave, Belleville, NJ 07109

    $2,000,000
    5,700 sqft 0.13 AC lot

    Recently renovated 6-unit property in a high-demand rental market.

    View details
    Turnkey 6-Unit Multifamily Property
    Turnkey 6-Unit Multifamily Property

    68 Mill Street, Belleville, NJ 07109

    $899,999
    4,596 sqft

    Six-unit multifamily property with value-add potential in Belleville, NJ.

    View details
    Multifamily Residence in Prime Location
    Multifamily Residence in Prime Location

    163 Park St, Montclair, NJ 07042

    $1,600,000
    4,945 sqft 0.80 AC lot

    Spacious multifamily property near Watchung Plaza and NYC train.

    View details
    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    44 Gates Ave, Montclair, NJ 07042

    $1,990,000

    Six-unit residential income building with four garage bays and on-site laundry hook ups.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Nutley, NJ

    Consider similar Off-Market properties in Nutley, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    283 Chestnut St
    APARTMENT HOUSE (UNDER 5 UNITS)

    283 Chestnut St, Nutley, NJ 07110-1668

    $875,000
    Estimated value
    0.44 AC lot
    View details
    94 Park Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    94 Park Ave, Nutley, NJ 07110-3508

    $3,535,000
    Estimated value
    0.35 AC lot
    View details
    220 Park Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    220 Park Ave, Nutley, NJ 07110-2865

    $620,000
    Estimated value
    0.17 AC lot
    View details
    304 Hillside Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    304 Hillside Ave, Nutley, NJ 07110-1162

    $17,390,000
    Estimated value
    1.01 AC lot
    View details
    17 Church St, Unit 23
    APARTMENT HOUSE (UNDER 5 UNITS)

    17 Church St, Nutley, NJ 07110-1675

    Unit 23
    $880,000
    Estimated value
    0.85 AC lot
    View details
    181 Riv Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    181 Riv Rd, Nutley, NJ 07110-1904

    $18,040,000
    Estimated value
    1.72 AC lot
    View details
    652 Franklin Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    652 Franklin Ave, Nutley, NJ 07110-1268

    $755,000
    Estimated value
    0.62 AC lot
    View details
    265 Hillside Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    265 Hillside Ave, Nutley, NJ 07110-1114

    $1,130,000
    Estimated value
    4,392 sqft 0.35 AC lot
    View details
    93 Ctr St
    APARTMENT HOUSE (UNDER 5 UNITS)

    93 Ctr St, Nutley, NJ 07110-3748

    $610,000
    Estimated value
    0.45 AC lot
    View details
    269 Chestnut St
    APARTMENT HOUSE (UNDER 5 UNITS)

    269 Chestnut St, Nutley, NJ 07110-1666

    $780,000
    Estimated value
    0.26 AC lot
    View details
    279 Chestnut St
    APARTMENT HOUSE (UNDER 5 UNITS)

    279 Chestnut St, Nutley, NJ 07110-4001

    $575,000
    Estimated value
    0.26 AC lot
    View details
    42 Humbert St
    APARTMENT HOUSE (UNDER 5 UNITS)

    42 Humbert St, Nutley, NJ 07110-3937

    $560,000
    Estimated value
    0.27 AC lot
    View details
    96 Walnut St
    APARTMENT HOUSE (UNDER 5 UNITS)

    96 Walnut St, Nutley, NJ 07110

    $560,000
    Estimated value
    0.20 AC lot
    View details
    40 Washington Ave
    Multifamily properties

    40 Washington Ave, Nutley, NJ 07110

    Value Estimation by Request
    View details

    Nutley, NJ Apartment Buildings Market Trends and Statistics

    Explore 16 apartment buildings for sale in Nutley, NJ on our real estate platform. These investment opportunities span a total of 5,600 square feet of properties for sale, with an estimated market value of $1,359,000.

    Sale prices for two-family homes in Nutley, NJ start at $1,359,000, averaging $1,359,000, and reaching up to $1,359,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 30K
    Population Growth (5Y) +4.6%
    Median Household Income $115,215
    College Educated 70.9%

    High-Yield Neighborhoods for Investment

    Identify Nutley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07110 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $11.72 per SF
    Tax Rate vs County Average 0.55 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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