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Property profile & analytics
OFF-MARKET
Commercial real estate

249 Franklin Ave Nutley, NJ 07110

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 249 Franklin Avenue in Nutley, New Jersey, presents a significant investment opportunity. Priced at $2,600,000, the property offers substantial potential for a variety of commercial uses. While the square footage is currently unavailable, the property sits on a zero-acre lot, suggesting a compact but potentially highly valuable site. The property type is listed as "Other," indicating a unique opportunity for a buyer to envision and implement their own commercial vision. Given its location in Nutley, NJ, the property benefits from access to a well-established infrastructure, including transportation networks and local amenities. The lack of specified square footage necessitates an on-site inspection to fully assess the property's dimensions and layout. Prospective buyers are encouraged to conduct thorough due diligence to determine the suitability of the property for their intended commercial use. This includes, but is not limited to, reviewing zoning regulations, conducting environmental assessments, and obtaining necessary permits. The absence of detailed property information underscores the need for a comprehensive on-site evaluation to fully understand the property's potential and to make an informed investment decision. This unique opportunity awaits a discerning buyer with a vision for a thriving commercial venture in a desirable New Jersey location. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Anthony Pastena, DO, FAAFP Pediatrician Physician
  • Kirsten Ruhl, PA-C Pediatrician Physician
  • Julia Fresolone, APN Physician
  • Medical Laboratory Diagnostics Medical Laboratory
  • Dr. Carol Mendez Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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