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    236 Franklin Ave Nutley, NJ 07110

    Sponsored
    For Sale
    $250,000

    Profitable eatery, prime location, equipment included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This thriving restaurant, operating successfully for 22 years, presents a unique opportunity for a savvy investor. Located in the heart of Nutley's bustling center, this business benefits from a highly visible and accessible location. The property includes all existing equipment, ensuring a seamless transition for the new owner. A significant advantage is the convenient municipal parking located directly behind the establishment, providing ample parking for patrons. The restaurant's basement features a newer walk-in freezer, a valuable asset for efficient food storage and inventory management. This turnkey operation offers immediate income potential and the chance to build upon an already established customer base and reputation within the Nutley community. The sale includes all necessary equipment for continued operation, minimizing upfront investment and allowing for a quick start. This is an exceptional opportunity to acquire a well-established business in a desirable location with significant growth potential. The asking price of $250,000 reflects the value of the established business, prime location, and included equipment. Serious inquiries only.

    Property Features for 236 Franklin Ave

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Gone With the Wings Chicken Wings Restaurant Salon Nine28 of Nutley Beauty Salon

    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
    Nutley
    County
    Essex
    State
    New Jersey
    Longitude
    -74.16178
    Latitude
    40.81581

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    FAQs

    What type of property is this?
    Investment property - Profitable eatery, prime location, equipment included.
    Where is this investment property located?
    The property is located at 236 Franklin Ave Nutley, NJ.
    What is the asking price?
    The asking price for this property is $250,000.
    (973) 661-3808
    Request Owner's contact information
    236 Franklin Ave Nutley, NJ 07110
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    Nutley, NJ 07110
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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
    236 Franklin Ave Nutley, NJ 07110
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