Nutley Twp., NJ 07110,171 Franklin Ave
See all 33 photos
Nutley Twp., NJ 07110,171 Franklin Ave
Nutley Twp., NJ 07110,171 Franklin Ave
Nutley Twp., NJ 07110,171 Franklin Ave
Nutley Twp., NJ 07110,171 Franklin Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
Angelo Mitlo

Angelo Mitlo

+1(848) 200-8388
$ 1,950,000
Est. payment /mo
Save
Active

171 Franklin Ave Nutley Twp., NJ 07110

12,500 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $156

MLS Listing ID 3997708

Year Built 1910

Annual Tax Amount $27,817

Tax Year 2024

Lot Size 9,147 Sqft

Property Sub-Type Mixed Use

Property Description

Prime mixed-use income property featuring a warehouse, storefront, and three apartments in the heart of Nutley's vibrant Franklin Avenue corridor. Fully leased and income-producing with $122,760 gross annual income and $81,628 NOI, this asset delivers a 4.19% cap rate at the $1,950,000 asking price. The property includes a 4,600 SF warehouse with 1,000 SF office, a high-visibility retail storefront, and three well-maintained residential units above. A private driveway provides direct access to the warehouse for deliveries and operations. Excellent visibility and walkable downtown location make this a standout investment or owner-user opportunity. Strong tenant mix, steady income, and room for future rent growth make this an ideal long-term hold in a supply-constrained Essex County market.

Location

State NJ

County Essex

Zoning B3A

Rooms

Basement Bilco-Style Door, Full

Interior

Heating Gas-Natural, Oil Tank Above Ground - Inside

Cooling 4+ Units

Flooring Carpeting, Concrete, Laminate, Tile, Vinyl-Linoleum

Equipment Restrooms - Private, Storage Area(s)

Heat Source Gas-Natural, Oil Tank Above Ground - Inside

Exterior

Exterior Feature Vinyl Siding

Utilities Available All Underground

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by CENTURY 21 THE CROSSING
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Maria Varisco Rogers Charter School

    Public | KG - 8

  • 8

    Ridgewood Avenue School

    Public | 3 - 6

  • 8

    Brookdale Elementary School

    Public | PK - 6

  • 8

    Oak View Elementary School

    Public | PK - 6

  • 8

    Yantacaw School

    Public | KG - 6

  • 8

    Belleville Ps9

    Public | KG - 5

  • 8

    Roosevelt School

    Public | 4 - 8

  • 8

    Jefferson School

    Public | 4 - 8

  • 7

    Demarest Elementary School

    Public | PK - 6

  • 7

    Radcliffe School

    Public | PK - 6

  • 7

    Spring Garden School

    Public | PK - 6

  • 7

    Washington School

    Public | KG - 6

  • 7

    Jefferson Elementary School

    Public | KG - 5

  • 7

    Roosevelt Elementary School

    Public | PK - 5

  • 6

    Watchung Elementary School

    Public | KG - 5

  • 6

    Bradford Elementary School

    Public | PK - 5

  • 6

    Carteret Elementary School

    Public | PK - 6

  • 6

    Franklin Elementary School

    Public | PK - 6

  • 6

    Belleville Ps10

    Public | KG - 6

  • 6

    Park Elementary School

    Public | PK - 8

Middle Schools 11
  • 8

    Glen Ridge High School

    Public | 7 - 12

  • 6

    East Orange STEM Academy High School

    Public | 6 - 12

  • 6

    Buzz Aldrin Middle School

    Public | 6 - 8

  • 6

    Bloomfield Middle School

    Public | 7 - 8

  • 6

    John H. Walker Middle School

    Public | 7 - 8

  • 4

    Belleville Middle School

    Public | 7 - 8

  • 4

    North Arlington Middle School

    Public | 6 - 8

  • 3

    John L. Costley Middle School

    Public | 6 - 8

  • 3

    Sojourner Truth Middle School

    Public | 6 - 8

  • 3

    Lincoln Middle School # 4

    Public | 7 - 8

  • 1

    Patrick F. Healy Middle School

    Public | 6 - 8

High Schools 15
  • 6

    Bloomfield Tech

    Public | 9 - 12

  • 5

    Nutley High School

    Public | 9 - 12

  • 5

    North Arlington High School

    Public | 9 - 12

  • 5

    Lyndhurst High School

    Public | 9 - 12

  • 4

    Bloomfield High School

    Public | 9 - 12

  • 2

    Passaic High School # 12

    Public | 9 - 12

  • 1

    East Orange Campus High School

    Public | 9 - 12

  • 1

    Belleville High School

    Public | 9 - 12

  • 0

    Bridges Academy @ Forest Glen

    Public | 9 - 12

  • 0

    Christ the King Prepatory School

    Private | 9 - 12

  • 0

    Mesivta of Clifton

    Private | 9 - 12

  • 0

    Queen of Peace High School

    Private | 9 - 12

  • 0

    Mesivta of North Jersey

    Private | 9 - 12

  • 0

    Bais Yaakov of Passaic High School for Girls

    Private | 9 - 12

  • 0

    Mesivta Tiferes Rav Zvi Aryeh Zemel

    Private | 9 - 12

School and business data provided by Attom Data.
Angelo Mitlo

Angelo Mitlo

Broker Associate | License ID: 0894102

+1(848) 200-8388

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Empire Real Estate Associates, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

171 Franklin Ave