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Request Info$1,150,000
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108 Franklin Ave #n/a Overview
- Time on Site:
- 46 days
- Visits:
- 5
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.
Listing provided courtesy of EXP REALTY, LLC- MLS# 4027734
Contact Information: 973-435-7679
Contact Information: 973-435-7679Love this property?
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108 Franklin Ave #n/a Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Expenses Include: Insurance, Snow Removal, Taxes, Water/Sewer
Listing Information
- For Sale Or Lease: For Sale
Building Information
- Num Apts: 2
- Year Built: 1925
Location/Region
- County Or Parish: Essex
- Location: Corner
Building Exterior/Construction
- Construction Date/Year Built Des: Approximate
Rent/Lease Information
- Tenant Pays: Electric, Gas, Heat
Tax Information
- City Tax: *
- County Tax: *
- Tax Amount Tax: *
- Tax Annual Amount: $18,785.00
- Tax Assessed Value: *
- Tax Rate Amount: 2.699
- Tax Rate Year: 2025
- Tax Year: 2025
- Tax Year Tax: *
General Information
- Inclusions: Building Only
- Property Sub Type: Mixed Use
- Property Type: Commercial
- Zoning: B-3
Interior
Building Information
- Available Sq Ft: 0
- Equipment Available: Appliances, Smoke Detector
- Max Ceiling Height: 0
- Max Door Height: 0
- Num 2 Bdrm Units: 1
- Office Sq Ft: 0
Parking Information
- Garage Spaces: 5
Beds/Baths
- Bathrooms Total: 4
Building Interior
- Building Area Total: 0
General Information
- Cooling: Ductless Split AC
- Flooring: Vinyl-Linoleum, Wood
- Heating: See Remarks
- Stories: 2
Unit Information
- Unit Number: n/a
Exterior
Building Information
- Color of Building: Brick
- Number of Bays: 0
- Number of Docks: 0
Parking Information
- Parking Features: Parking Lot-Exclusive
Lot Information
- Approximate Lot Size: 33X108 IRR
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Brick/Block
- Exterior Description: Brick/Block
- Roof: Flat
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
- Utilities: All Underground
108 Franklin Ave #n/a Neighborhood
Community
07110 (NUTLEY) Demographics
41
Median Age
8,296
Population Density (per sq. mile)
54%
College Educated
$97,955
Estimated Median Income
7,520
Estimated Total Home Owners
3,618
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
108 Franklin Ave #n/a Monthly Cost
108 Franklin Ave #n/a Market Data
Based on the last 30 days in this zip code
$680,208
Average List Price
$4,976
Average Price per Square Foot
18
Properties Sold
43
Average Days on Market
78
Properties for Sale
108 Franklin Ave #n/a History
| Date | Value | Agent |
|---|---|---|
| 5/14/2026Source: Garden State MLS | May 14, 2026 |