Two-Story Mixed-Use
171-173 Franklin Ave, Nutley, NJ 07110
For Sale
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Pending
Two-story mixed-use building with apartments, retail, and a rear warehouse in Nutley’s downtown B-3A district.
Property Size12,500 SF
Lot Size0.21 Acres
Days on Market116
Property Features for 171-173 Franklin Ave
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Net Operating Income
Additional Details
Road Access
Warehouse Space
Multifamily Units
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Building Size
Listing Agency:
KW Commercial
Listed By:
Bruce Elia · License NJ #0893523
Source:
Crexi
Added: Jul 22
Changed: Nov 4
Last Checked: Nov 12 at 5:34AM
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 KW Commercial
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Investment Insights
Based on property information with market context.
171-173 Franklin Avenue is a two-story mixed-use building built in 1940 and renovated in 2010. The approximately 12,500-square-foot property sits on an approximately 9,000-square-foot lot (about 60' x 150') and is configured as a five-unit asset with residential, retail, and warehouse components.
The property includes three residential apartments, an approximately 2,572-square-foot retail space currently occupied by a furniture store, and an approximately 4,620-square-foot rear warehouse with substantial ceiling height. Totaling multiple income streams in one location, the layout supports combining street-facing retail with rear warehouse utility and upstairs residential use.
The building is positioned along Franklin Avenue within Nutley’s B-3A Downtown Business district.
The property includes three residential apartments, an approximately 2,572-square-foot retail space currently occupied by a furniture store, and an approximately 4,620-square-foot rear warehouse with substantial ceiling height. Totaling multiple income streams in one location, the layout supports combining street-facing retail with rear warehouse utility and upstairs residential use.
The building is positioned along Franklin Avenue within Nutley’s B-3A Downtown Business district.
Key Highlights
- Two‑story mixed‑use building built in 1940 and renovated in 2010
- Approximately 12,500 SF total building area on an approximately 9,000 SF lot (about 60' x 150')
- Five units total: three residential apartments plus retail and rear warehouse
Property Analytics
Who owns this building?
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,211
Businesses Nearby
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Business Placement
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
$489,900
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Essex County, NJ
Properties on Market for Mixed-use properties in Essex County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story mixed-use building with apartments, retail, and a rear warehouse in Nutley’s downtown B-3A district.
Where is this mixed-use property located?
The property is located at 171-173 Franklin Ave Nutley, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑story mixed‑use building built in 1940 and renovated in 2010; Approximately 12,500 SF total building area on an approximately 9,000 SF lot (about 60' x 150'); Five units total: three residential apartments plus retail and rear warehouse
