Mixed-Use Income Property in
171 Franklin Ave, Nutley, NJ 07110
Mixed-use property with warehouse, storefront, and apartments in Nutley.
Type:Commercial
Property size:
12,500 SFLot size:
0.21 AcresPrice / SF:
$108/SF- Added:
- Feb 23, 2026
- Days on Market:
- 87
- Last Refresh:
- Apr 5 at 8:32 pm
Property Features for 171 Franklin Ave
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Lot size
- 0.21 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing agent JASON R. DION License #NJ1754857
Listing office CENTURY 21 THE CROSSING (201) 580-2002
Listing date Feb 23, 2026
Source Corcoran
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 THE CROSSING
HighLights
- Income‑producing property with $122,760 gross annual income and $81,628 NOI.
- 6% cap rate at the $1,359,000 asking price.
- Prime mixed‑use property: warehouse, storefront, and three apartments.
- Fully leased with a strong tenant mix.
- Excellent visibility and walkable downtown location in Nutley's Franklin Avenue corridor.
- 4,600 SF warehouse with 1,000 SF office and private driveway access.
Overview
This mixed-use income property is located in the Franklin Avenue corridor of Nutley. The property is fully leased and income-producing, generating a gross annual income of $122,760 and a net operating income of $81,628. The property features a 4,600 square foot warehouse with a 1,000 square foot office, a retail storefront with high visibility, and three residential units. A private driveway provides access to the warehouse. The location offers excellent visibility and a walkable downtown area. The property is an investment or owner-user opportunity with a strong tenant mix, steady income, and potential for future rent growth in a supply-constrained market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Nutley
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1635
- Latitude
- 40.8139
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with warehouse, storefront, and apartments in Nutley.
Where is this mixed-use property located?
The property is located at 171 Franklin Ave Nutley, NJ.
What is the asking price?
The asking price for this property is $1,359,000.
What are key features of this property?
This property features: Income‑producing property with $122,760 gross annual income and $81,628 NOI.; 6% cap rate at the $1,359,000 asking price.; Prime mixed‑use property: warehouse, storefront, and three apartments.
