247 Franklin Ave Nutley, NJ ^$ 1,250,000

247 Franklin Ave

^$ 1,250,000

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247 Franklin Ave

Nutley, NJ, 07110

^$ 1,250,000

Studio Baths0.6 Sq 4,550

Monthly Estimate*

^$ 7,486

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Studio

Commercial Property for sale in Nutley, NJ

for $1,250,000 with 6 half baths. This 4,550 square foot building was built in 2007.

Located in the heart of downtown Nutley, this 6,600 square foot office building was built in 2007. Building has two units with several amenities to include elevator, private parking lot, separate utilities, and over 14 individual office rooms. Second floor has 4,550 square feet of office space and will be delivered vacant, while the first floor has a long standing tenant with lease until November 2026. Franklin Avenue in Nutley is the host to numerous restaurants and office/commercial buildings with close proximity to highways and 13 miles from NYC. This building is ideal for professional use and requires very little maintenance due to its age. Be the owner of one of the newest builds in town.

Commercial Pending

Price

^$ 1,250,000

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 31,486

Style

Office Building Complex

Year Built

2007

Town/City

Nutley

County/Region

Essex

MLS | Web ID

3917723

Features

General

Sewer Public Sewer

Construction Formed Concrete

Heating 2 Units Forced Hot Air

Cooling 2 Units Central Air

Utilities Gas-Natural

Possession TBD

Roof Flat

Zoning B-3A

Garage Spaces 10

Year Built 2007

Township Nutley Twp.

Property Type Office Building Complex Office Building Complex

Tax Year 2023

Percent Ownership Fee Simple

Location Business District

County Essex

Status Under Contract

Directions Corner of Franklin Ave. and William Street (a residential one way street)

NumberOfUnitsTotal 2

Tax Annual Amount 31486

Drive Parking Lot-Exclusive See Remarks

Leasable Area 6600

Days on Market 19

Standard Status Under Contract

Tax Assessed Value 1222300

Town # 1616

Tax Lot 19

Interior

Flooring Carpeting Wood

Fuel Type Gas-Natural

Total Stories 2

Half Baths 6

Exterior

Water Source Public Water

Exterior Description ConcBrd

Building Area Total 6600

Lot Dimensions 50X116 IRR

* Excluded Features

List By

MARY RYDER

Listing Agent

Keller Williams - Nj Metro Group

Broker

rubinoryderteam@gmail.com

Affordability Calculator

$10,110

Per Month

Monthly Principal & Interest: $7,486
Monthly Property Taxes: $2,624
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Nutley, NJ

Average List Price ^$254,348

Percent of Sale Price 80%

About Nutley, NJ

29,582 Population

8% Since 2002

^$90,237 Median Income

42.54 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/7/2024	$1,250,000		Listed Price

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247 Franklin Ave, Nutley, NJ, 07110 is a Commercial Property for sale at $1,250,000 with 4,550 sqft. 247 Franklin Ave is a studio with 0.6 baths and was built in 2007. The property's zip code is 07110 which is in Nutley, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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247 Franklin Ave

Commercial Property for sale in Nutley, NJ

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