Property summary
This exceptional mixed-use property, situated on a 0.06-acre lot at the highly visible corner of Franklin Avenue and Essex Street in Nutley, NJ, presents a compelling investment opportunity. The 3,600 square foot building boasts a newly installed roof and recently updated units, minimizing maintenance and operating expenses. The ground floor comprises two commercial spaces currently leased as a single unit, generating consistent rental income. Upstairs, a spacious two-bedroom, two-bathroom… apartment with its own private entrance and parking provides additional revenue streams. A large office space on the second floor further enhances the property's versatility and income potential. All units are currently occupied under long-term leases, ensuring a stable and predictable cash flow. Modern amenities include a new central air conditioning system and new hot water heaters, enhancing tenant comfort and reducing operational concerns. This turnkey investment offers a blend of commercial and residential income, making it an ideal acquisition for discerning investors seeking a low-maintenance, high-return property in a desirable Nutley location. The building's prime corner location ensures excellent visibility and accessibility, attracting both tenants and customers. This is a rare opportunity to acquire a fully occupied, income-producing property with significant upside potential. The long-term leases in place provide financial stability and minimize vacancy risks. The combination of commercial and residential units diversifies the income stream, mitigating potential market fluctuations. This property is offered at $949,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
Permitted uses in B-3 Zoning District. The following uses are permitted in the B-3 Zoning District: Professional and business offices. Financial institutions. Restaurants, bars and taverns, but excluding drive-in restaur…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight