661 Franklin Ave, Nutley Twp., NJ 07110

$999,000
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List Price
$999,000
Status
ACTIVE
Days on Market
1
MLS#
4044830
Year Built
1800
Acres
0.24
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(551)227-6365

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.

(551)227-6365
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Additional Information

Taxes
$29,000
Heating
Forced Hot Air
Air Conditioning
Central Air
Exterior Features
Aluminum, Vinyl
Roof
Asphalt Shingle
Garage Spaces
12
Number Of Units
15
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Listing Courtesy Of CORCORAN SAWYER SMITH, Contact: 201-610-1010

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