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Property profile & analytics
OFF-MARKET
Commercial real estate

55-57 Washington Ave Nutley, NJ 07110

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 55-57 Washington Avenue in Nutley, New Jersey, presents a unique opportunity for developers and investors. The property consists of a vacant lot, offering significant potential for various commercial ventures. Priced affordably at $8,000, this land parcel represents an excellent entry point into the Nutley market. While the exact square footage is not currently specified, the lot size is listed as zero acres, suggesting a potentially smaller footprint ideal for specific commercial uses. The property's "Other" classification indicates flexibility in potential development plans, subject to local zoning regulations and approvals. Given its location on Washington Avenue in Nutley, the property benefits from potential high visibility and accessibility, depending on the specific nature of the development. Further due diligence is recommended to ascertain the precise zoning regulations and permitted uses for the site. This is a rare chance to acquire a commercial lot in a desirable New Jersey location at a highly competitive price. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures allows for complete design freedom and customization to suit a wide range of commercial needs. This presents a blank canvas for a visionary project in a thriving community.

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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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