156 Franklin Avenue
$975,000
5
2
2
—
—
—
Sold 12/17/24
Description
Investment Opportunity in Downtown Nutley! This newly renovated 4-unit commercial building boasts 2 updated residential units and 2 modern storefronts, perfect for a variety of businesses. This opportunity boasts new hardwood flooring, 5 bedrooms with a possible studio and 3 kitchens, one being brand new! Enjoy the convenience of this corner property having a 2-car garage and a spacious backyard with potential for expansion or additional parking on the land. Tremendous opportunity with this property...Investment Opportunity in Downtown Nutley! This newly renovated 4-unit commercial building boasts 2 updated residential units and 2 modern storefronts, perfect for a variety of businesses. This opportunity boasts new hardwood flooring, 5 bedrooms with a possible studio and 3 kitchens, one being brand new! Enjoy the convenience of this corner property having a 2-car garage and a spacious backyard with potential for expansion or additional parking on the land. Tremendous opportunity with this property being close to colleges, the Newark Airport, and close to NYC with park nearby and a great school system! Plus, explore the possibility of creating a studio apartment on the first floor. Don't miss this chance to own a versatile property in a thriving location walking distance to schools, parks, and a variety of restaurants and businesses!
- Listed by STEVEN N EMERY • KELLER WILLIAMS PROSPERITY REALTY
- Listed by ARON COOPER
Property Details for 156 Franklin Avenue
Directions
Kensington Ave to Ward Ave to Ruth Ave to Franklin Ave
Days On Market121
LISTING UPDATED: 01/03/2025 12:11 PM
Property Details for 156 Franklin Avenue
Status | Sold |
---|---|
MLS # | 3915966 |
Days on Market | 121 |
Taxes | $16,470 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Fourplex |
MLS Type | Multi Family |
Year Built | 1937 |
Lot Size | - |
County | Essex County |
Building Information for 156 Franklin Avenue
Stories-Residences4Year Built1937Building Size-Lot Size-
Property Information for 156 Franklin Avenue
Property History for 156 Franklin Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 156 Franklin Avenue
Taxable ValueLand$420,000Additions$219,400Total$639,400
Tax Record2023$16,471 ($1,373 / month)
Home Facts
Lot Size6,000 SqFtStyleMiscellaneous CommercialYear Built1926ZoningB-3CountyESSEXAPN16 07500-0000-00011
Schools near 156 Franklin Avenue
This home is within Nutley Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Lincoln Elementary School PublicK to 6 | ||
John H Walker Middle School Public7 to 8 | ||
Nutley High School Public9 to 12 | ||
Radcliffe Elementary School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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