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Mixed-Use Building with Restaurant
For Sale
Contact for pricing
Pending

196 Franklin Ave, Nutley, NJ 07110

Includes an operating pizzeria, a leased storefront, and four residential apartments with on-site parking.

Property SizeContact for details
Days on Market142

Property Features for 196 Franklin Ave

General Information

Standard status Pending
Property subtype Retail

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Additional Details

Business Included Yes

Amenities

hardwood floors
in-unit laundry
granite countertops

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: United Real Estate
Listed By: Lisa Gallina · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:01PM

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 United Real Estate

Investment Insights

Based on property information with market context.

This all-brick mixed-use property combines an operating pizzeria with a second storefront that is currently rented. The residential component includes four apartments: two two-bedroom units and two one-bedroom units, including one one-bedroom apartment with handicapped accessibility. Each apartment features hardwood flooring, an open living, dining, and kitchen layout, granite countertops, and in-unit laundry. Parking is provided for the residential units.

A 4,000-square-foot basement adds substantial enclosed space beneath the building. The property is located at 196 Franklin Ave in downtown Nutley, NJ, and brings together restaurant, retail, and residential components within one building.

Key Highlights

  • Operating pizzeria occupies one storefront
  • Second storefront is currently rented
  • Four apartments: two 2‑bedroom and two 1‑bedroom units

Property Analytics

Current Use

Bell Paese Deli ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Hotel & Motel (Bike/Boat/Book/etc) Store Skin Care Clinic

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

Lease Details

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,262
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes an operating pizzeria, a leased storefront, and four residential apartments with on-site parking.
Where is this mixed-use property located?
The property is located at 196 Franklin Ave Nutley, NJ.
What are key features of this property?
This property features: Operating pizzeria occupies one storefront; Second storefront is currently rented; Four apartments: two 2‑bedroom and two 1‑bedroom units
More about this property
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