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    384 Rutherford Ave Franklin, NJ 07416

    Picture of Mixed-use properties at Rutherford Ave 384, Franklin, NJ
    For Lease
    $2,250 /Mo ($1.94 SF/Yr)

    Commercial - Franklin Boro, NJ

    Lot size:
    0.32 Acres
    Days on Market:
    348
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 384 Rutherford Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixeed Use
    Lot size
    0.32 Acres

    Building Details

    Year built
    1950
    Flooring type
    Concrete
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Realty Executives Exceptional Realtors (973) 575-6700 [email protected]

    Listing agent CHRISTOPHER L. BRUSCINO (973) 729-7141

    Listing date Jan 1, 2025

    MLS# 3932907 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Income Potential

    This mixed-use property in Franklin Boro, NJ, offers a commercial space formerly used as a plumbing business. It includes two separate garages, providing ample storage space and parking. Additionally, the property features two apartments upstairs, offering income potential. The lot size is 0.32 acres. The property is located in a convenient location. Tenant to confirm details with the town. The zoning is mixed use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.57903
    Latitude
    41.12773

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial space with garages and apartments for income in Franklin.
    Where is this mixed-use property located?
    The property is located at 384 Rutherford Ave Franklin, NJ.
    What is the lease rate?
    The lease rate is $1.94 SF/Yr.
    What are key features of this property?
    This property features: - Two apartments upstairs provide income potential.; - Two separate garages offer ample space.; - Plenty of storage space is available.
    (973) 729-7141
    Request Owner's contact information
    384 Rutherford Ave Franklin, NJ 07416
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    Franklin, NJ 07416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    384 Rutherford Ave Franklin, NJ 07416
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