108 Franklin Ave, Nutley Twp., NJ 07110
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108 Franklin Ave, Nutley Twp., NJ 07110
108 Franklin Ave, Nutley Twp., NJ 07110
108 Franklin Ave, Nutley Twp., NJ 07110
108 Franklin Ave, Nutley Twp., NJ 07110
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Eric DeSilva

Eric DeSilva

+1(973) 542-9302
$ 1,150,000
Est. payment /mo
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108 Franklin Ave Nutley Twp., NJ 07110

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4027734

Year Built 1925

Annual Tax Amount $18,785

Tax Year 2025

Property Sub-Type Mixed Use

Property Description

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.

Location

State NJ

County Essex

Zoning B-3

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Ductless Split AC

Flooring Vinyl-Linoleum, Wood

Equipment Appliances, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC

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108 Franklin Ave

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