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$ 1,100,000
Est. payment | /mo
6 Beds
3 Baths
7,405 Sqft Lot
$ 1,100,000
Est. payment | /mo
6 Beds
3 Baths
7,405 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3988915
Style 2-Two Story
Bedrooms 6
Full Baths 3
Year Built 1912
Annual Tax Amount $17,060
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Own an income-producing 3-family on an oversized lot in the heart of Nutley. Designed for today's buyer: separate utilities (reduced owner overhead), off-street parking, and basement laundry for everyday convenience. Current rent profile delivers day-one cash flow with flexibility to reposition, or owner occupy thanks to a 1BR at $1,800 (month-to-month) plus a 2BR at $2,500 (1yr) and 3BR at $2,850 (1yr). Interior updates include newer flooring, refreshed baths, and updated appliances; two kitchens have been renovated and one features upgraded counters/sinks. A full basement with half bath adds storage/utility. Sought-after Nutley location near shops/dining, parks, major highways, and NYC transit options. 2024 taxes $17,061. Potential to optimize further bring your plan and unlock the upside of oversized lot.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Skyline View
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by WALKER'S REALTY
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Katora Yim
REALTOR® | Lic# 9804062