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Property profile & analytics
OFF-MARKET Estimated value $2,390,000
Commercial real estate

210 Franklin Ave Nutley, NJ 07110-2709

0.11 ac lot Built 1925
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1926486
Property summary
AI-generated overview

This exceptional commercial property, located at 210 Franklin Avenue in Nutley, New Jersey, presents a significant investment opportunity. The property is listed at $2,670,000 and offers substantial potential for a variety of commercial uses. While the square footage is not currently specified, the property sits on a lot of zero acres, suggesting a compact but potentially highly valuable location. The property type is classified as "Other," indicating a unique opportunity for a buyer to envision and implement their specific commercial plans. Given its prime location in Nutley, NJ, the property benefits from excellent access to transportation networks, local amenities, and a thriving community. The absence of specified square footage necessitates a thorough on-site inspection to determine the precise dimensions and layout of the building. Prospective buyers are encouraged to conduct their due diligence to assess the property's suitability for their intended commercial venture. This could include a detailed survey of the property's condition, zoning regulations, and potential for expansion or renovation. The asking price reflects the property's potential and strategic location within a dynamic market. Serious inquiries are welcome to explore this unique commercial real estate offering. The lack of detailed information underscores the need for a comprehensive assessment before making an offer. This property is being sold "as is," and potential buyers should be prepared to undertake any necessary inspections and due diligence.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1925
Lot 0.11 ac (4,830 SF)
Zoning code B-3A
APN 16 06201-0000-00008
UPID US59-1926486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CENTURY 21 Award Agency Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.39M
Owner & transaction history
210 Franklin Avenue LLC · 3 yrs held
210 Franklin Avenue LLC
since 2022
Last sale
$2.1M
3 recorded transactions
2022
$2.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-3A · Nutley, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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