Property

Nutley Twp., NJ 07110 108 Franklin Ave

108 Franklin Ave Nutley Twp., NJ - Image 1108 Franklin Ave Nutley Twp., NJ - Image 2108 Franklin Ave Nutley Twp., NJ - Image 3
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108 Franklin Ave Nutley Twp., NJ - Image 4108 Franklin Ave Nutley Twp., NJ - Image 5108 Franklin Ave Nutley Twp., NJ - Image 6108 Franklin Ave Nutley Twp., NJ - Image 7108 Franklin Ave Nutley Twp., NJ - Image 8108 Franklin Ave Nutley Twp., NJ - Image 9108 Franklin Ave Nutley Twp., NJ - Image 10108 Franklin Ave Nutley Twp., NJ - Image 11108 Franklin Ave Nutley Twp., NJ - Image 12108 Franklin Ave Nutley Twp., NJ - Image 13
Presented By: EXP REALTY, LLC
  • MLS# 4027734
  • 05/14/2026
  • Request Tour
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  • Full/Half Baths • 0 / 4
  • Garage • 5

Home Details

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.
Presented By: EXP REALTY, LLC

Interior Features for 108 Franklin Ave

Bathrooms

Half Baths4

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 2 Bdrm Units1
BasementUnfinished
FlooringVinyl-Linoleum, Wood
Fuel TypeGas-Natural
Total Stories2

General for 108 Franklin Ave

ConstructionBrick/Block
CoolingDuctless Split AC
CountyEssex
DirectionsFranklin ave. Park in lot on side of building
Documents AvailableSee Remarks
DriveParking Lot-Exclusive
EasementUnknown
Equipment AvailableAppliances, Smoke Detector
Farm AssessmentNo
Garage Spaces5
HeatingSee Remarks
Leasable Area
LocationCorner
Num Apts2
Number Of Units Total4
OwnerPaysWater
OwnershipFee Simple
PossessionAt Closing
Property TypeMixed Use
Property TypeMixedUse
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount18785
Tax Assessed Value696000
Tax Lot5
Tax Year2025
Tenant PaysElectric, Gas, Heat
Town #1616
TownshipNutley Twp.
UtilitiesAll Underground
Utilities Paid ByTenant
Year Built1925
ZoningB-3

Exterior for 108 Franklin Ave

Building Area Total
Exterior DescriptionBrick/Block
Lot Dimensions33X108 IRR
Max Ceiling Height
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $1,150,000
MLS#4027734
List Date 05/14/2026
Property Type Commercial
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