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About This Home
This 0-bedroom, 0-bathroom commercial at 108 Franklin Ave in Nutley Twp, NJ is listed for $1,150,000. Built in 1925, on a N/A lot.
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.
Key Features
- Built in 1925
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$6,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
108 Franklin Ave
Nutley Twp, NJ 07110-3292
Property Details
Flooring
Construction
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 108 Franklin Ave is listed at $1,150,000. The estimated monthly payment is $4,983 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 2 stories.
This property is listed by JUSTIN KILISZEK and can be reached at 8662016210 or homes@agentjustin.com.



