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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.

Agent 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.

Key Features

  • Built in 1925
  • 2 stories

Property Details

2 stories
1925

Amenities

Basement

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

108 Franklin Ave

Nutley Twp, NJ 07110-3292

Property Details

Flooring

LinoleumVinylWood

Construction

BlockBrick

Parking

Parking Lot

Cooling

Ductless

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.

JK

JUSTIN KILISZEK

Agent at EXP REALTY, LLC

(866) 201-6210

Listed by EXP REALTY, LLC · View on Broker Site

MLS# 4027734· Source: listhub· Updated 18 days ago

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

108 Franklin Ave, Nutley Twp, NJ 07110-3292

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