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Mixed-Use Building with Retail
For Sale
$995,000

120 Franklin Ave #3, Nutley, NJ 07110

The property combines a storefront, two apartments, and a separate rear building.

Property SizeContact for details
Days on Market508

Property Features for 120 Franklin Ave #3

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Commercial
Zoning B-3

Building Details

Year Built 1930
Stories 2
Units 4
Listing Agency: C-21 Award Agency
Listed By: Dennis Decarlo
Source: Cammarotarealestate
Added: Jun 5, 2025 Changed: Oct 24 Last Checked: Oct 22 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C-21 Award Agency

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Investment Insights

Based on property information with market context.

This mixed-use property includes a retail unit, two apartments, and a rear building previously used as a dance studio. Built in 1930, the property is offered in as-is condition.

Located in Nutley’s business district, the property has parking for 8 cars, with additional street parking. The zoning designation is B-3.

Key Highlights

  • Retail unit with two apartments
  • Rear building formerly used as a dance studio
  • Parking for 8 cars, plus street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dancesation Training Center Caffè Rosalba Cafe & Coffee Shop Art on the Ave Paint ... Art Studio

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Hotel & Motel Veterinary Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,211
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 20% Electronics 2%
Dollar Tree Shops & Services
29,917 visits/mo 0.2 miles
Burger King Dining
14,855 visits/mo 0.2 miles
Chase Bank Shops & Services
12,873 visits/mo 0.2 miles
TD Bank Shops & Services
9,253 visits/mo 0.3 miles
7-Eleven Shops & Services
8,228 visits/mo 0.5 miles

Demographics for 07110, NJ

30,149
Population
11,981
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
8,867
Density / Sq Mi
$115,215
Median Household Income
$67,621
Median Earnings
$1,698
Median Rent
$489,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a storefront, two apartments, and a separate rear building.
Where is this mixed-use property located?
The property is located at 120 Franklin Ave #3 Nutley, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Retail unit with two apartments; Rear building formerly used as a dance studio; Parking for 8 cars, plus street parking
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