Triplex with Dedicated
For Sale
$799,999
98 King Street, Nutley, NJ 07110
Fully leased multifamily property with private outdoor space, shared laundry, and basement storage for residents.
Property SizeContact for details
Days on Market69
Property Features for 98 King Street
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multi Family 2-4
Occupancy
100%
Financials
Cap Rate
5.6%
Gross Income
$59,340
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$12,885
Amenities
outdoor space
shared washer/dryer
garage storage
Building Details
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
Coldwell Banker, Hoboken
(973) 953-6497
Listed By:
Maria Kosdan · License #1646413
(973) 953-6497
Source:
Betterhomerealestate
Added: Jun 23
Changed: Aug 29
Last Checked: Aug 25 at 9:09AM
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 Coldwell Banker, Hoboken
Investment Insights
Based on property information with market context.
Located at 98 King Street in Nutley, NJ 07110, this triplex contains three separate residences, each configured with one bedroom and one bathroom. Every unit includes dedicated one-car parking and outdoor space. Basement amenities include shared washer and dryer access along with garage storage. Separate gas and electric meters serve the property, and the sale is offered as-is.
All three residences are occupied, with leases extending through May/June 2027. The property carries an approximately 5.6% cap rate and provides an established residential rental configuration in a location near local shops, dining, parks, major roadways, and transportation options to New York City.
All three residences are occupied, with leases extending through May/June 2027. The property carries an approximately 5.6% cap rate and provides an established residential rental configuration in a location near local shops, dining, parks, major roadways, and transportation options to New York City.
Key Highlights
- Three separate 1‑bedroom, 1‑bath residences
- Dedicated 1‑car parking and outdoor space for each unit
- Fully occupied with leases secured through May/June 2027
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
850
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully leased multifamily property with private outdoor space, shared laundry, and basement storage for residents.
Where is this triplex located?
The property is located at 98 King Street Nutley, NJ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Three separate 1‑bedroom, 1‑bath residences; Dedicated 1‑car parking and outdoor space for each unit; Fully occupied with leases secured through May/June 2027
