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MixedUse For Sale

108 Franklin Ave, Nutley Twp., Essex 07110-3292

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Property Description

Welcome to 108 Franklin Avenue, a prime mixed-use investment opportunity ideally located on a prominent corner in the heart of Nutley’s thriving business district. This well-maintained property features two street-level retail storefronts and two spacious 2-bedroom, 1-bath apartments, offering a balanced mix of commercial and residential income. The retail spaces benefit from excellent visibility, large display windows, and consistent foot and vehicle traffic along Franklin Avenue, making them ideal for a variety of neighborhood businesses. Both storefronts are currently leased by thriving businesses, providing steady income. The residential component includes two generously sized 2-bedroom units, one of which is currently leased, while the second unit is now vacant, presenting an immediate opportunity for an owner-occupant or investor to achieve market rent and increase overall returns. Offered at an amazing price, this is an excellent opportunity for investors seeking a stabilized asset with value-add potential in a proven commercial corridor. Conveniently located near major roadways, public transportation, shopping, and dining, 108 Franklin Avenue is well suited for a long-term hold, owner-user, or 1031 exchange buyer.

Basic Details
Property Type:
MixedUse
Listing Type:
For Sale
Listing ID:
4027734
Price:
$1,150,000
Year Built:
1925
Status:
Active
Office Name:
EXP REALTY, LLC
Roof:
Flat
Features
Heating System:
See Remarks
Cooling System:
Ductless Split AC
Basement:
Unfinished
Flooring:
Wood, Vinyl-Linoleum
Sewer:
Public Sewer
Utilities:
All Underground
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Nutley Twp.
Zipcode:
07110-3292
Street:
Franklin Ave
Street Number:
108
Longitude:
W75° 50' 7''
Latitude:
N40° 48' 42.7''
Directions:
Franklin ave. Park in lot on side of building
Zoning:
B-3
Additional Information
Lot Size Dimensions:
33X108 IRR
Water Source:
Public Water
Stories Total:
2
Number Of Units Total:
4
Garage:
5
Financial
Tax Annual Amount:
18785
Listing Information
Co List Agent Mls Id:
395409
List Agent Mls Id:
256461
List Office Mls Id:
5028
Mls Status:
Active
Modification Timestamp:
2026-05-20T10:05:30Z
Originating System Name:
gsmls
MixedUse For Sale
Listing ID:
4027734
$1,150,000
Agent info
Contact Agent

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