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Established Restaurant in Nutley Center
For Sale
$225,000

236 FRANKLIN AVE, Nutley, NJ 07110

Long-standing restaurant with equipment included, prime Nutley location.

Property SizeContact for details
Days on Market654

Property Features for 236 FRANKLIN AVE

General Information

Standard status Active
Property subtype Commercial
Listing Agency: CENTURY 21 AWARD AGENCY
Listed By: ANGELA SICOLI · License #8334735
Source: Corcoran
Added: Oct 25, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:08AM

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 is an established restaurant that has been in operation for 22 years. It is located in the heart of Nutley center. The property benefits from municipal parking located behind the store. All equipment is included in the sale. A newer walk-in freezer is located in the basement.

Key Highlights

  • Established restaurant operating for 22 years.
  • Prime location in the heart of Nutley center.
  • All restaurant equipment included in the sale.

Property Analytics

Current Use

Gone With the Wings Restaurant Salon Nine28 of Nutley Hair Salon

Suggested Use

Top Pick Auto Parts Store Hotel & Motel (Bike/Boat/Book/etc) Store Daycare Center Nursing Home Veterinary 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.

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 78% Dining 20% Electronics 2%
Dollar Tree Shops & Services
29,917 visits/mo 0.0 miles
Burger King Dining
14,855 visits/mo 0.0 miles
Chase Bank Shops & Services
12,873 visits/mo 0.3 miles
TD Bank Shops & Services
9,253 visits/mo 0.5 miles
7-Eleven Shops & Services
8,228 visits/mo 0.4 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?
Conventional restaurant - Long-standing restaurant with equipment included, prime Nutley location.
Where is this conventional restaurant located?
The property is located at 236 FRANKLIN AVE Nutley, NJ.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Established restaurant operating for 22 years.; Prime location in the heart of Nutley center.; All restaurant equipment included in the sale.
More about this property
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