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For Sale
Nutley
171-173 Franklin Avenue

171-173 Franklin Avenue

Nutley, NJ 07110

$1,359,000

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171-173 Franklin Avenue
Nutley, NJ 07110

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200 / Nutley / NJ

Retail HIGHLIGHTS

Property Type

Commercial Sale, Retail
Cooling

Yes - Central Air, Gas
Heating

Yes - Baseboard, Central, Natural Gas, Hot Water, Oil
RE Tax

$27,818

Listing courtesy of Jason Dion of Century 21 The Crossing-Midland Park.

Prime mixed-use income property featuring a warehouse, storefront, and three apartments in the heart of Nutleyâ€™s vibrant Franklin Avenue corridor. Fully leased and income-producing with $122,760 gross annual income and $81,628 NOI, this asset delivers a 6% cap rate at the $1,359,000 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.

171-173 Franklin Avenue

Facts & Features

Area

200
MLS #

26005927

Neighborhood

200
Property Type

Retail

Annual Taxes

$27,818

Cooling

Yes - Central Air, Gas
Heating

Yes - Baseboard, Central, Natural Gas, Hot Water, Oil

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $2,318

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

171-173 Franklin Avenue

Location

Nearby Points of Interest

Hudson Oral Surgery
Health Care, Independent
Allora & Landsman
Health Care, Independent
Cozzarelli, Annette MD
Health Care, Independent
Franklin & Franklin MDS
Health Care, Independent
Ligresti Dermatology Associates
Health Care, Independent

Data courtesy of LocalLogic.co

Neighborhood

Nutley

Nutley is a township in Essex County offering a well-established residential environment, a defined town center, and strong regional connectivity. Its layout blends neighborhood streets with commercial corridors, allowing residents...

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171-173 Franklin Avenue

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The data relating to the real estate for sale on this web site comes in part from the Internet
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are marked with the Internet Data Exchange logo and information about them
includes the name of the listing brokers. Some properties listed with the participating brokers do not
appear on this website at the request of the seller. Listings of brokers that do not participate in
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Last date updated: May 29, 2026 at 12:27 PM. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey
Multiple Listing Service, Inc. All rights reserved.