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661 Franklin Ave

Nutley Twp., NJ 07110
  • $999,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 4044830
UPDATED: 217 min ago
$999,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,627
    SQFT
  • $216
    $/SQFT
Type:
Commercial
Built:
1800
County:
Area:

School Ratings & Info

Description

Fully leased 4,627 SF office building on a 65x162 lot on Franklin Ave near Rt 3. 15 offices currently rented as 9 office suites generating $145,423 in gross annual rent; NOI approximately $85,441.56 (roughly a 8.5% cap rate at asking). On-site parking for at least nine cars. B-1 zoning. Close to downtown Nutley, Route 3, Route 21, GSP, and NJ Transit rail. Financials available upon request.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-08T23:48:45.903.
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661 Franklin Ave Nutley Twp., NJ 07110

  • Price: $999,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 217 min ago
  • MLS #: 4044830
0
Beds
0
Baths
0
½ Baths
0.24
Acres
4,627
SQFT
$216
$/SQFT
1800
Built
County:
Essex
Area:
Nutley Twp.
Property Description
Fully leased 4,627 SF office building on a 65x162 lot on Franklin Ave near Rt 3. 15 offices currently rented as 9 office suites generating $145,423 in gross annual rent; NOI approximately $85,441.56 (roughly a 8.5% cap rate at asking). On-site parking for at least nine cars. B-1 zoning. Close to downtown Nutley, Route 3, Route 21, GSP, and NJ Transit rail. Financials available upon request.
Exterior Features

Approximate Lot Size 65X162 Construction Wood Exterior Description AluminumVinyl Location Business DistrictFreestanding Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopDriveway-ExclusiveOff-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-PartiallyFullSlabStorage Cooling Central Air Equipment Available Fire AlarmKitchen AreaRestrooms - PrivateSmoke DetectorStorage Area(s) Heating Forced Hot Air Max Ceiling Height 9 Max Door Height 7 Number Of Lavatories 3 Office Sq Ft 4627

Property Features

Building Number 661 Expenses Include ElectricityInsuranceMaintenance - ExteriorMaintenance - InteriorProperty ManagementSnow RemovalTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 145423 Net Operating Income 85441 Permitted Use OfficesRetailMedicalMixed Use w/ Residential Primary Property Type Office Building Complex Prior Use Current mix of law and other professional offices. Property Type Free Standing OfficeOffice Building Complex Sale Includes Building & Land Sewer Public Sewer Suite Number All Tax Amount 29000 Tax Rate Amount 2.699 Tax Rate Year 2026 Tax Year 2025 Total Operating Expense 59982 Utilities ElectricGas-Natural Utilities Paid By Landlord Water Public Water Year Built Description Approximate Zoning B-1

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-610-1010.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-08T23:48:45.903.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527