89 King St Nutley, NJ 07110
Income-generating three-family property in Nutley with separate utilities and parking.
Source: Walker's Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Nutley Income-Producing Three-Family Property
This income-producing three-family property is situated on an oversized lot, approximately 75x100, in Nutley. It is designed with separate utilities, off-street parking, and basement laundry. The current rent profile includes a 1BR at $1,800 on a month-to-month basis, a 2BR at $2,500 on a 1-year lease, and a 3BR at $2,850 on a 1-year lease. Interior updates feature newer flooring, refreshed baths, and updated appliances. Two kitchens have been renovated, with one featuring upgraded counters and sinks. A full basement with a half bath provides storage and utility space. The property is located near shops, dining, parks, major highways, and NYC transit options. The 2024 taxes are $17,061. The oversized lot offers potential for further optimization.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Nutley
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1499342
- Latitude
- 40.8069801
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FAQs
What type of property is this?
Triplex - Income-generating three-family property in Nutley with separate utilities and parking.
Where is this triplex located?
The property is located at 89 King St Nutley, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Income-producing 3-family property with day-one cash flow.; - Separate utilities reduce owner overhead.; - Oversized lot (approx. 75x100) offers potential for optimization.