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Renovated Retail & Office Suite
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199 FRANKLIN AVE, Nutley, NJ 07110

Versatile retail or office space with newly updated interior, including laminate flooring and a renovated bathroom.

Property SizeContact for details
Days on Market779

Property Features for 199 FRANKLIN AVE

General Information

Standard status Active
Property subtype Retail

Amenities

3
150X50
Listing Agency: CENTURY 21 AWARD AGENCY
Listed By: ANGELA SICOLI · License #8334735
Source: Xome
Added: Jul 18, 2024 Changed: Sep 1 Last Checked: Sep 4 at 2:51AM

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 CENTURY 21 AWARD AGENCY

Investment Insights

Based on property information with market context.

This versatile commercial space is well suited for office or retail use, with a restriction of no food. The interior is currently being updated with freshly painted walls and ceilings, new laminate flooring, and a renovated bathroom featuring new fixtures, including a new toilet and sink.

The space is positioned in Nutley’s town center with high-visibility and access to local businesses and services. Convenient on-street parking is available, and municipal parking lots are located directly across the street for customers and employees.

For operating predictability, heat, hot water, and property taxes are included. Availability is scheduled for September 1st.

Key Highlights

  • Versatile commercial space for office or retail use (no food)
  • New interior updates: freshly painted walls and ceilings
  • New laminate flooring

Property Analytics

Current Use

Rug Depot Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Hotel & Motel Nursing Home 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

1,409
Businesses Nearby
131k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Groceries 40% Dining 13% Electronics 1%
ShopRite Groceries
51,974 visits/mo 0.5 miles
Dollar Tree Shops & Services
29,917 visits/mo 0.4 miles
Burger King Dining
14,855 visits/mo 0.4 miles
Chase Bank Shops & Services
12,873 visits/mo 0.1 miles
TD Bank Shops & Services
9,253 visits/mo 0.1 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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile retail or office space with newly updated interior, including laminate flooring and a renovated bathroom.
Where is this retail space located?
The property is located at 199 FRANKLIN AVE Nutley, NJ.
What are key features of this property?
This property features: Versatile commercial space for office or retail use (no food); New interior updates: freshly painted walls and ceilings; New laminate flooring
More about this property
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