496 Franklin Ave 500 Nutley, NJ 07110-1720
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 restaurants. Bowling alleys, theaters and other indoor amusement services, including amusement devices as an accessory use as set forth in § 700-38…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Nutley, NJPermitted 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 restaurants. Bowling alleys, theaters and other indoor amusement services, including amusement devices as an accessory use as set forth in § 700-38 hereof, commercial schools and colleges. Take-out food establishments. Service establishments - personal and household. Printing establishments, provided that no individual motor exceeds five horsepower. Telephone exchange, bus or railroad passenger station, United States Post Office. Stores devoted to retail commerce where goods are sold directly to the customer for personal use or household use, with or without processing on the premises for such retail sale, but excluding the processing, repair or renovating of bedding and excluding the sale of motor vehicles, boats, lumber, masonry, roofing or siding where an inventory is maintained on the premises. No crating, outdoor displays and/or outdoor sales are permitted except that occasional outdoor sales may be held as provided by Ordinance No. 1845. [1] [1]
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.